Are Getty Severance Packages Illegal?

The troubling issues of executive compensation and severance pay have joined the myriad other controversies plaguing Los Angeles’s Getty Museum. “Questions are being raised about whether excessive severance packages were paid to two senior executives who resigned recently… The severance packages could prove troubling to the Getty because such payments might violate federal tax laws governing spending by nonprofit foundations, which specify that they must use their resources for the public good.”