February 21, 2008
Foundation Spending on Overhead Examined
Nearly a quarter of the nation's 10,000 largest foundations did not include administrative expenses when they calculated whether they had met the federal requirement to distribute at least 5 percent of their assets a year, a new study has found.
The report — by the Urban Institute, the Foundation Center, and GuideStar — examined spending in 2001-3 and pinpointed only those administrative expenses directly related to charitable and program activities. Most of
This content is only for subscribers. You can gain access by purchasing a:
Print Subscription
Digital Subscription
Already have an account? Log In Now.
Get more great stories about the nonprofit world delivered to your inbox every weekday. 
