April 25, 2011
Transparency as a Tool in Vetting Good Nonprofit Work
In the wake of the fallout from last week’s “60 Minutes” investigation into Greg Mortenson’s Central Asia Institute, nonprofit watchers are more closely examining sector spending. Reporter D.K. Row of The Oregonian, which has a nonprofit newsbeat, interviewed two well respected international development and relief nonprofits based in the Pacific Northwest – Mercy Corps and Medical Teams International – about their operations.
While the two programs differ in how they spend and report use of funds, both model financial transparency far beyond federal and state reporting requirements. Because of that, potential donors can clearly see how spending patterns align with mission and program focus.
(Read more via The Nonprofit Quarterly.)