A major announcement was recently made in the charity world regarding a key indicator of a non-profit’s performance. Guidestar, Charity Navigator and Better Business Bureau’s Wise Giving Alliance are the three national organizations that set the leading criteria of a nonprofit’s performance: overhead ratio, the percent spent on administrative and fund raising costs. However, the three organizations just sent out a letter denouncing those criteria as a leading indicator. Steve Zabilski, Executive Director of St. Vincent de Paul and Ellen Solowey, Program Officer for the Virginia G. Piper Charitable Trust, will discuss the development.
On March 6th Social Venture Partners is holding its "2nd Annual Fast Pitch Social Innovation Expo." It’s the culmination of a seven-week training and mentoring program for innovative nonprofits that are effecting social change. Finalists have three minutes to make a “pitch” that could earn their nonprofit $100,000 in funding. SVP Executive Director Terri Wogan talks about the program.