The Overhead Myth
TED Talk by Dan Pallotta
How to evaluate a charity's performance?
In 2013, GuideStar, BBB Wise Giving Alliance, and Charity Navigator wrote an open letter to the donors of America in a campaign to end the Overhead Myth—the false conception that financial ratios are the sole indicator of nonprofit performance. Their second letter, released in October 2014, invited the nonprofits of America to do their part to focus donors’ attention on what really matters: an organization’s efforts to make the world a better place. They asked nonprofits and the social sector at large to join them in moving toward an Overhead Solution.