Mitre must have the most amazing HR department in the history of ffrdcs, the director makes $1.5 million. And the mitre CEO makes $3 million and has to file a conflict of interest report because he has multiple nepo relatives at the company, including one who makes $341,000! https://projects.propublica.org/nonprofits/organizations/42239742/202443199349317359/IRS990ScheduleL |
RAND's audit reveals surprising holdings: swaps, private equity, and foreign real estate. Odd for a nonprofit. https://projects.propublica.org/nonprofits/display_audit/2024-09-GSAFAC-0000354403 |
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FFRDCs are a grift!
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The prev post should say foreign investments not real estate. RAND operates foreign subsidiaries so it’s not that odd. The $46M of investments in Central America and the Caribbean is weird, but maybe that is normal for Mitre and others?? |
With salaries like these, it explains their self-preservation at any cost. |
Two views exist. One is the idea that seasoned leaders secretly mismanaged RAND for decades despite delivering years of steady growth while maintaining a strong brand (including during Trump’s first term). This view is absurd. The second view is the brutal truth that an unqualified CEO, with zero experience running a large organization, took reckless risks at the worst possible moment. This rapid collapse isn't a legacy issue; it is the direct result of current, gross incompetence. RAND’s current CEO will try hard to reframe the first view but the second is clearly supported by the evidence at hand. |
You do realize that Rand sells expert labor, not Salesforce admin support? |
A third possible view is that the current RAND leadership do NOT want to run an FFRDC, but instead want to transform RAND into an independent think-tank (such as Brookings, Heritage, CSBA, PEW, or whichever else) that is not reliant on Federal funding. This also seems consistent with the externally visible facts. |
Doesn't RAND get almost all of its funding from the Federal government? That's like the CEO of Ford deciding to ditch the car business to make sneakers. |
Does current leadership know that RAND operates multiple FFRDCs? If leaders wanted to lead Brookings, Heritage, Pew, or CSET they should have applied for a leadership job at those places. |
| Brookings has an endowment but it's not regularly used to support staff. You have to bring in money. Grants or contracts. |
Still there, huh? |
As a sponsor, I find these salaries surprising, as well as their defense on here. |
You find the pay range for the Salesforce person surprising? Why? Do you often hire for that skill set? |
Because the basic pay range for an SES is 150k to 225k. |