Comments on: Who cares about charities’ overhead ratios? http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: traduceri daneza http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/comment-page-1/#comment-53882 Mon, 29 Sep 2014 16:14:12 +0000 http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/#comment-53882 I definitely like that i don’t must transform moisturizer after i get a hankering to bomb down rad trails at mind smashing speeds as an alternative to gussying up and being all ladylike, not all moisturizers can pull double responsibility so be ready to try a couple of distinctive manufacturers for the requires just before getting 1 (or two) that do the work.

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By: betsy http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/comment-page-1/#comment-9534 Wed, 02 Dec 2009 22:22:11 +0000 http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/#comment-9534 Loved your points…just fyi, it is “homed” not “honed” in your opening paragraph about banks.Betsy

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By: Tim Ogden http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/comment-page-1/#comment-9531 Wed, 02 Dec 2009 22:03:59 +0000 http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/#comment-9531 @Jon HKeep in mind that charities that minimize their overhead costs are more likely to waste your money–by spending it on programs that don’t work. Is that any better than spending too much on executive’s salaries–the vast majority of whom make far less than they could in the for-profit sector?Charity frauds like UHO are going to fudge their overhead ratios anyway so it really doesn’t tell you much. Independent review agencies have concluded that 75% of charities calculate their overhead costs incorrectly. So even if the number meant anything, the data actually available are meaningless.So what to do? Take a bit more time and investigate the charities. There are now a number of organizations that can give you better information about effectiveness. Thry GiveWell, Great Nonprofits and Philanthropedia for a start.(note that I serve on GiveWell’s board)

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By: WSJevons http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/comment-page-1/#comment-9530 Wed, 02 Dec 2009 21:46:37 +0000 http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/#comment-9530 I have a personal example:For the longest time, I refused to give to the united way because of their “egregious” overhead ratio and donated directly to two small non-profits. I now choose to donate to the UW because there are many good charities that cannot afford a “fund raising strategy”.The vast majority of my charitable contributions goes to a health and human services organization in my neighborhood. In general, their mission is to get the homeless off the street and those that want to stay off the street are offered job training, more permanent shelter, etc. However, I choose their organization over an almost identical one because of better overhead ratio. This is wrong? If so, why? If my dollar can be stretched to service more people in my neighborhood, isn’t this better?(Both organizations, when compared to the generic “soup kitchens”, look like they have very poor ratios.)

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By: Jon H http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/comment-page-1/#comment-9529 Wed, 02 Dec 2009 21:40:16 +0000 http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/#comment-9529 ““undesignated” or even specifically for “operating expenses.”How do you know that isn’t going to go to pad the salary of the charity’s management, rather than the people doing the work?That’s basically what people are concerned about. They don’t want to end up giving money to a charity that turns out to be a bunch of highly-paid managers that spends little or nothing on actual charity work because they spend all the donations on themselves and on marketing efforts to generate yet more donations. ie, things like the United Homeless Organization scam.

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By: Tim Ogden http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/comment-page-1/#comment-9528 Wed, 02 Dec 2009 21:01:45 +0000 http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/#comment-9528 Felix,Thanks for your support on this.Unfortunately people do pay a great deal of attention to overhead ratios–not least because they are told to do so in countless articles in the media this time of year. For instance Forbes just created a useless list of charities that ranks them by overhead ratio.I certainly commend your thought of giving directly to non-profit employees. Another similar tack to take is to make very clear that any gift you give to a charity is “undesignated” or even specifically for “operating expenses.” That way you also get the tax deduction.But the best thing, in my humble opinion that you can do this year, is to convince your financial blogging brethren (and sistren) to pick up on this story. We’ve got a good decade of misinformation to fight.Tim

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By: richard hagopian http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/comment-page-1/#comment-9527 Wed, 02 Dec 2009 20:53:33 +0000 http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/#comment-9527 f. salamon…….. start writing about charles rangle, the theif, crook, and corrupt politician. You should be writing an article on and about him every day until such time as they throw his ass out where it belongs…in the gutter. Grab him by the balls and tell him he is a crook.Dick Hagopian

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By: Aaron http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/comment-page-1/#comment-9524 Wed, 02 Dec 2009 19:55:20 +0000 http://blogs.reuters.com/felix-salmon/2009/12/02/who-cares-about-charities-overhead-ratios/#comment-9524 I agree with you. I don’t think donors, particularly small donors, are as focused on overhead ratios as accused. The problem has been that large individual and institutional donors have been looking at ratios to filter worthy candidates.That said, some evidence shows that large donors don’t care enough about performance measurement, the alternative to ratios, to spend the time it takes to review it.http://www.ssireview.org/articles/ent ry/why_measure/I teach my nonprofit management students that performance measurement should always be about improving what you do, not marketing to donors. If the measurements can sway donors, fine, but that’s not the reason to measure.

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