The Nonprofit CEO Podcast

← The Nonprofit CEO Podcast29. Sept. · 44 Min.

032 RIF or Resign? | Thompson Child and Family Focus President & CEO Will Jones

032 RIF or Resign? | Thompson Child and Family Focus President & CEO Will Jones29. Sept.44 Min.

Three days into his tenure, Will Jones was asked to sign a letter moving $150,000 from Thompson's endowment to cover a $200,000 payroll. Two weeks later, the same letter was back on his desk. Thompson was spending about $5 million a year more than it brought in, and its leaders were telling staff the model could not work any other way. Will concluded the organization had more people than work. On a three-day beach trip with his family, he told his wife, "I know what I need t...