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I'm a member of a club in the UK which raises money for charity - we've stopped giving money to corporate charities because their overheads are such a high perc
by bencollier49 7y ago
I'm a member of a club in the UK which raises money for charity - we've stopped giving money to corporate charities because their overheads are such a high percentage of their takings - at this point they're largely just self-perpetuating bureaucracy machines.
We give cash to small volunteer-run charities where we know that 100% of the money raised goes to the cause in question.
- reallydontask 7y agoWhat do you consider a high percentage? Looking at Oxfam, it's 10% admin and 7% fundraising [1], which doesn't seem too bad given their global reach. Admittedly their reputation has taken a bit of a tumble due to the scandals. [1] https://www.oxfam.org.uk/donate/how-we-spend-your-money https://www.oxfam.org.uk/donate/how-we-spend-your-money
- bencollier49 7y agoI think there's a fairly open question about how those percentages are calculated. Oxfam is an outlier, with a very low stated percentage being used for overheads, but it'd be interesting to see a breakdown of how the remaining cash was used. For example - are staff costs in a target country (say, Haiti) considered admin, or is the UK base only counted?
- tomjen3 7y agoPersonally I would like a general rule of no more than 10% split between admin and fundraising, with 5% being considered the normal. 10% makes a nice Schilling fence. Ideally I won't allow any budget for advertising, because that will just move money from one charity to another. Alternatively I would only donate to the top of Give Well.