Articles

August 1, 2015

Salary System Modeling: Thinking Through Your Decisions

Most independent and international schools have a salary system that resulted from administrators and faculty tinkering with the original model over time. The original model was […]
August 1, 2015

What Is “Deferred Compensation?” And Why Do So Many Heads Have It Or Want It?

Deferred Compensation is a method that allows heads to save more for retirement or other needs than they can save through 403 (b) or 401 (k) […]
August 1, 2015

The Safe Harbors Act: The Necessity Of Demonstrating Annual Compliance

Littleford & Associates provides, for US based schools, crucial information to avoid problems emanating from misinterpreting, or inadvertently overlooking “Safe Harbors” limits. What Constitutes Compliance? The […]
August 1, 2015

Income Opportunities In Tight Economic Times

With the value of their investment portfolios declining or uncertain, independent school parents may be decreasing their discretionary spending and charitable donations. However, from the research […]
August 1, 2015

The Intermediate Sanctions Act: The "Next Level" of Compliance

The “Taxpayers’ Rights Act”, of which the “Safe Harbors Act” or the “Intermediate Sanctions Act” is a part, provides that every 501 C3 institution in the […]
August 1, 2015

The Truth About Statistics: Why Head Compensation Information Fails to Deliver

It is important that a school benchmark officially the head’s compensation annually and be able to defend that placement if necessary for the school, the community, […]
August 1, 2015

In Defense Of Head Compensation

All aspects of the Head of School’s package are coming under more scrutiny, as is compensation of all leaders of for profits and not for profits. […]
August 1, 2015

Head Compensation: The Process, The Product and the Reporting

Long before the Intermediate Sanctions Act and the requirement of a “safe harbors” analysis to benchmark the compensation of school heads, Littleford & Associates recognized an […]
August 1, 2015

Head Compensation: Understanding The Changing Rules

These days there is a proliferation of information, interpretations and discussions on executive compensation in nonprofits. It is important to have a clear and current understanding […]
August 1, 2015

The Need To Focus On The Intermediate Sanctions Act And Conflicts Of Interest

Recently NAIS released a joint statement from its in house counsel and an independent auditing firm about exercising due diligence with respect to the formation and […]