Posts tagged transparency
Deeply Flawed ‘Pennies for Charity’ Report Can Hurt Good Nonprofits

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