I dunno, probably differs based on jurisdiction but the one thing that cant happen in my jurisdiction is people on the board directly profiting from the charity.
They get well kept mind. But they never "own" the proceeds. IIRC one of the directors of mine was found with 3 corporate vehicles assigned to him.
Now on the flipside, being upper management in the same charity was a goldmine. Upper 6 figure salary, no expectations, vendors taking you on substantial holidays and meals to get your business, low 6 figure bonus every 12 months.
They get well kept mind. But they never "own" the proceeds. IIRC one of the directors of mine was found with 3 corporate vehicles assigned to him.
Now on the flipside, being upper management in the same charity was a goldmine. Upper 6 figure salary, no expectations, vendors taking you on substantial holidays and meals to get your business, low 6 figure bonus every 12 months.
Different worlds tbh.