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Article: Knight's charity said to begin at home.(Knights of Columbus executive salaries)
- Article from:
- National Catholic Reporter
- Article date:
- April 14, 1995
CopyrightCOPYRIGHT 1995 National Catholic Reporter. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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They are best known for their local charity work: raising funds to help the hungry, the homeless and the mentally retarded. But according to a recent series in The Boston Globe, the Knights of Columbus, a 113-year-old Catholic fraternal order, is a tax-exempt insurance monolith worth more than $4.5 billion that pays its chief executive salary and benefits in excess of $500,000 and that stifles internal criticism of its policies.
In its series, the Globe raises several issues concerning the reign of Virgil Dechant, the Knights' top executive for the past 18 years. Those issues included exorbitant salaries and perks paid to top executives; the suspension of members who ...