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Nonprofit Newsmuseum, Freedom Forum Deliver Big Bonuses

Gannett Blog, Wednesday, January 20, 2010 12:10 AM

The non-profit Freedom Forum foundation and its signature project, the Newseum in Washington, D.C., paid $1.4 million in bonuses to its top employees in 2008 -- a year when the foundation's endowment suffered multimillion-dollar losses, and the museum began a series of layoffs that extended through last year, newly released public documents show.

The bonuses included $375,000 to Freedom Forum Chairman and CEO Charles Overby, bringing his total 2008 pay to $991,044 in compensation and expenses, the documents show. The museum's then-president, Peter Prichard, got a $225,000 bonus; his total pay and expenses for the year were $665,927, the documents show. Since its opening in spring '08, the Newseum has struggled to control expenses; layoffs and other measures have reduced staff by 23%.

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