Overwhelming Generosity in an Age of Greed
His name is Larry Powell. Most likely, you don't know him. That's because, unless you are in California, specifically Fresno County, you have no idea or interest in him, that is until now.
Mr. Powell is Fresno County School Superintendent. Per year, taxpayers shell out $288,241 in salary and benefits for Mr. Powell. I know, now he is the enemy, but wait, there's more.
This superintendent that oversees 195,000 students in 325 schools and 35 school districts just demoted himself, as far as pay is concerned, to the level of a first year teacher. What he did was to retire and then asked to be hired back in the position for $31,000 per year. That amount is $10,000 less than a first-year teacher but without the first year teacher's benefits. Do I have your attention now?
Why did he do this? In his own words, Larry Powell stated, "How much do we need to keep accumulating? There's no reason for me to keep stockpiling money." Mr. Powell is 63 years of age and wise and generous beyond those.
Read more at: http://www.msnbc.msn.com/id/44305388/ns/us_news-giving/