Watchdog Group Adopts Change in Rating System - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Watchdog Group Adopts Change in Rating System - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Watchdog Group Adopts Change in Rating System

By Caroline Preston

The watchdog group Charity Navigator revamped its ratings system this week as part of a plan to move beyond evaluating charities based solely on their financial performance.

The Web site now places equal weight on a charity’s governance and openness about its operation sas it does on financial information.

CEP | Beyond Administrative Cost Ratios | The Center for Effective Philanthropy

CEP | Beyond Administrative Cost Ratios | The Center for Effective Philanthropy: "While agreeing that the nonprofit sector must dramatically step up its effectiveness, I suggested in my Duke posts that it is important not to lose our appreciation of the distinct role of the sector by simply assuming that “business thinking” has all the answers. I also suggested that we need to recognize the successes (and failures) of the past – and present – from which we can learn. The fact is, there are excellent examples of effective philanthropic strategy that are older than any of us."