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This is a good read about the topic: http://overheadmyth.com/ http://overheadmyth.com/ "In 2013, GuideStar, BBB Wise Giving Alliance, and Charity Navigator wro
by cuchoi 10y ago
This is a good read about the topic: http://overheadmyth.com/ http://overheadmyth.com/
"In 2013, GuideStar, BBB Wise Giving Alliance, and Charity Navigator wrote an open letter to the donors of America in a campaign to end the Overhead Myth—the false conception that financial ratios are the sole indicator of nonprofit performance. For our second letter, released in October 2014, we invite the nonprofits of America to do their part to focus donors’ attention on what really matters: your organization’s efforts to make the world a better place. We ask nonprofits and the social sector at large to join us as we move toward an Overhead Solution."