Overhead Is Overrated in Financial Reporting
Grant makers and others should stop worrying about how much charities spend on overhead.
“Nothing in excess,” part of the wisdom of the ancient Greeks, is an idea our society has trouble with. Just look at America’s obesity epidemic. The Greeks knew that things that are valuable in moderation, like food, become dangerous when taken to an extreme. Such is the case with the nonprofit…
Don’t Sacrifice Substance for Results
By KENNARD T. WINGFoundations’ current obsession with “outcomes” reflects the American zeitgeist. It should come as no surprise that foundations are calling on grant recipients to specify the results they will accomplish -- not just the activities they will undertake -- and attempting to hold their…