Friday, April 9, 2010

Top 10 Myths: Part 2

Here's a follow up to our blog from last Friday.
Myth 6: Nonprofits are poorly managed and should be run by people from the business world.
Reality: Nonprofit management is a professional skill and many executives havea dvanced degrees and years of experience. The ability to use very little money to produce good results is undervalued.

Myth 7: Nonprofits should welcome volunteers with open arms.
Reality: It can often be a challenge for a nonprofit organization to find the right fit for volunteers, especially those looking to leerage their skills but with limited time available to contribute.

Myth 8: Good nonprofits keep expenses low.
Reality: Low administrative expenses are not the SOLE indicater of a well-run organization. Strong organizations are usually those that invest wisely in people and technology.

Myth 9: The story of philanthropy is only about the wealthy.
Reality: With a few exceptions (e.g., Bill Gates), the most generous Americans are those in the bottom 20% income bracket.

Myth 10: Interest in philanthorpy is over.
Reality: Over the past several years, coverage of philanthropy has expanded from the society pages to the business pages and blogosphere. There are many compelling stores waiting to be told and a broad-base audience eager to hear them.

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