In the Chronicle of Philanthropy, Anne Wallestad, the CEO of BoardSource, recently offered her thinking about transparency, pay-for-fundraising, and fundraising strategy. This is a helpful read for boards and their donors. I have just included the highlights.
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.
State officials also described the report as a call to action for donors and boards to be vigilant about raising flags when organizations are spending a significant portion of raised funds on the cost of raising them, encouraging donors and board members to seek out information on the Pennies for Charity database, which reports on the money raised by professional fundraisers, the people a nonprofit hires to solicit funds on its behalf, not its staff members...
https://nonprofitboardcrisis.typepad.com/mbblog/2018/12/nonprofit-b...
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