Friday, November 01, 2013

The Overhead Debate: Charities Risk Widening Rift With Donors Over Administrative Costs - Opinion - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

The Overhead Debate: Charities Risk Widening Rift With Donors Over Administrative Costs - Opinion - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: The Overhead Debate: Charities Risk Widening Rift With Donors Over Administrative Costs

By Brian Mittendorf

It’s rare that nonprofit accounting makes headlines, but it certainly has had its share of time in the spotlight in recent months. Most recently, an investigation by The Washington Post into substantial “diversions” of assets among nonprofit organizations highlighted issues of financial accountability. The report examined embezzlement, fraud, and other irregularities at more than 1,000 nonprofits.

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