The Chronicle of Philanthropy

Assets on Loan

Nonprofit groups lend millions to officials, Chronicle study finds

By Harvy Lipman and Grant Williams

When Catholic Healthcare West recruited Lloyd H. Dean to be its chief executive four years ago, it made him an offer most nonprofit leaders could only envy.

Besides paying him one of the highest annual salaries in the charity world -- $1.2-million in 2001 -- Catholic Healthcare...

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