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401 2012/ Flickr cc

Workaday stalwarts at the nation's non-profits won't enjoy Andrea Fuller's Wall Street Journal front-pager, "Million-Dollar Paydays Jump For Officials At Charities."

  • "About 2,700 people had seven-figure pay packages at the nonprofits in 2014, a number that was up a third in three years, newly searchable IRS data show."
  • "Many of the $1 million-or-more packages ... included deferred-compensation contributions or payouts. In about a quarter the base pay was $1 million or more."
  • "About three-fourths of the charities that provided million-dollar compensation packages in 2014 were involved in health care. About 10% were private colleges."
  • "The biggest 2014 package went to Anthony Tersigni, president and chief executive of Missouri-based Ascension, one of the largest hospital operators ... His compensation totaled $17.6 million [including] a $10.2 million bonus."

Smart take: The steep paydays for these tax-exempt organizations has an especially big impact on the health care industry, Bob Herman reports — because about three-fourths of the charities that provided million-dollar compensation packages in 2014 were involved in health care.

Go deeper

The new cold war panic

Illustration: Aïda Amer/Axios

The world has seen a power struggle between nuclear powers before, and has seen those countries inch closer to military conflict. But it's never before seen a cold war between two countries as interconnected — with each other and with the rest of the globe — as the U.S. and China.

Why it matters: Escalating antagonism between the world's two superpowers is likely to hinder global cooperation to fight climate change, divert resources to costly arms and tech races, complicate diplomacy for U.S. allies, and victimize Chinese and American citizens living in each other's countries.

Parkland shooting victims' families settle suit with school district

A makeshift memorial outside Marjory Stoneman Douglas High School in Parkland, Florida, on Feb. 14, 2020. Photo: Matias J. Ocner/Miami Herald/Tribune News Service via Getty Images

Families and survivors of a 2018 mass shooting at a high school in Parkland, Fla., reached a $25 million settlement in their lawsuit against the Broward County school district Monday, per the South Florida SunSentinel.

Why it matters: The deal was reached in the suit over the massacre at Marjory Stoneman Douglas High after the school district won a Florida Supreme Court ruling that could have capped damages at $300,000 in total without approval from the state legislature, AP notes.

Texas Republicans pass new congressional maps in their favor

Photo: Matthew Busch/Bloomberg via Getty Images

The Texas House voted 84-59 late Monday to approve new congressional district maps that reduce the number of districts with Black and Hispanic majorities, per the Texas Tribune.

Why it matters: The legislation comes after recent census figures found Texas' growing diverse population doesn't bode well for Republicans, who then worked to protect incumbents with the redrawn maps.