Salary Raises at Foundations Keep Pace With Past Years

Salaries at U.S. foundations grew on average by 5 per cent this year -- the same rate as in the previous three years, the Council on Foundations says in a new report.

According to the council's latest compensation survey, the average salary increase among corporate grant makers was 4 per cent, also the same pace as in 1994, 1995, and 1996.

More than half of non-corporate foundations with two or more staff members offered their top executives some

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