March 22, 2007
Foundations Urged to Help Charities Pay Operating Costs
Many foundations "may be crippling" nonprofit groups, especially small, local ones, by not providing enough money to pay for rent, salaries, and other overhead costs, warns a new report.
The report, by the National Committee for Responsive Philanthropy, a watchdog and research group in Washington, calls on grant makers to designate at least half of their contributions to their grant recipients' administrative expenses, instead of solely supporting charitable programs.
"Many
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