Friday, July 12, 2013

Intelligent Giving Tip Friday: Check The Charity's Commitment To Accountability & Transparency

Check The Charity's Commitment To Accountability & Transparency

In 2011, Charity Navigator added an Accountability & Transparency dimension to its rating system. It tracks metrics such as whether the charity used an objective process to determine their CEO’s salary, whether it has an effective governance structure, and whether it has a whistleblower policy. This data is critical because charities that follow good governance and transparency practices are less likely to engage in unethical or irresponsible activities. So, the risk that such charities would misuse donations is lower than for charities that don't adopt such practices.

Have a great see-through weekend!

1 comment :

Daniel Roy said...

Give money for a good cause is very good thing to do but its important that we should select the good charitable institution for donation where your money would be utilized efficiently and honestly.

Knights of Columbus Carl Anderson