Tuesday, May 31, 2016

Women's work? Nonprofit CFO

In 1889 Jane Addams co-founded Hull House In 1931
she became the first American woman to be awarded
the 
Nobel Peace Prize and is recognized as 

the founder of the social work profession in the U.S.
Looking for a female CFO at a major Chicago organization? Try a nonprofit.  
In Chicago, women in top finance posts at nonprofits are almost as common as male CEOs at for-profit firms. Lyric Opera of Chicago, Chicago Symphony Orchestra, Museum of Science and Industry, John G. Shedd Aquarium, Joffrey Ballet, Chicago History Museum and Museum of Contemporary Art are just a few of the major institutions with female chief financial officers. Nationwide, 42 percent of nonprofit CFOs are women, according to GuideStar's 2015 Nonprofit Compensation Report, published in September. Among Fortune 500 companies, it's 13.8 percent. Read the rest of the story by Lisa Bertagnoli in Crain's.