Last week, the New York Attorney General’s office released its most recent "Pennies for Charity" report, which seeks to educate donors about "where your money goes" when you give to a particular nonprofit.
As a Consultant who works to help nonprofits and Boards transparently measure and communicate their impact and effectiveness, I feel passionately about this issue. There are a number of misconceptions and flawed assumptions that continue to be perpetuated with respect to nonprofit “overhead” and administrative costs. A vibrant nonprofit MUST invest in its infrastructure and talent in order to effectively carry out its mission.
For these reasons, I am thrilled to see a leadership response from Anne Wallestad, CEO of BoardSource.
The time has come for #nonprofit #leaders, #Board members, and supporters to unite behind and amplify this critically important message. I encourage you to read and reflect on the full article from Anne Wallestad: https://www.philanthropy.com/article/Deeply-Flawed-Pennies-for/245257