Monday, May 04, 2015

Some Chutzpah! ED of Failed Nonprofit Claims She’s Owed $1.2 Million - NPQ - Nonprofit Quarterly

Some Chutzpah! ED of Failed Nonprofit Claims She’s Owed $1.2 Million - NPQ - Nonprofit Quarterly: "The bankruptcy of the 80-year-old FEGS Health and Human Services, one of New York City’s largest social service agencies, will require sorting through many claims from vendors and former staff members. One of the latter will be Gail Magaliff, who was the CEO during the period that the agency ran aground. She claims the agency owes her $1.2 million in deferred compensation. And while this kind of chutzpah is as common as corn among high-level executives at corporations, it is breathtakingly out of place in the nonprofit sector"



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