Regulators may position charities as trusted institutions with the government’s seal of approval (the black box model) or as organizations that need to be transparent in a caveat emptor or “buyer beware” marketplace (the glass house model). The aim of…
The theory is that the board of directors governs an organization. In practice, charity boards face greater challenges than commercial boards in ensuring organizational performance, proper board selection and good power dynamics. In addition, there is one fundamental difference: the…
Informed giving is designed to ensure that donations are aligned with the interests of beneficiaries. Specifically, donors are asked to be more discerning, discriminating and demanding of their charities so that there is proper accountability of funds used. Informed giving…
Charities deliver services to beneficiaries who often pay little or nothing. This contrasts with commercial customers who have to pay full value. To fund the difference, charities seek donations. However, donors do not always give based on the value that…
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