Be a part of the Overhead Solution!
Your social enterprise can be a part of the Overhead Solution!
Hello SEA Community,
Last year, GuideStar, Charity Navigator, and BBB Wise Giving Alliance published an open letter to the donors of America denouncing the use of the “overhead ratio” as a primary indicator of nonprofit performance. The letter, signed by all three organizations’ CEOs, marked the beginning of a campaign to correct the common misconception about the importance of a low overhead ratio. Instead of focusing on the percentage of charity’s expenses that go to administrative and fundraising cost commonly referred to as “overhead”—we need to focus on what really matters: impact.
This is a particularly important issue to the social enterprise community, as many of the essential investments in the growth of social enterprise businesses are commonly, and tragically, cast as overhead.
In this SEA Webinar, Guidestar’s Lindsay Cohen will unpack the Overhead Myth, and explicate how social enterprises can be part of the Overhead Solution.
Please join us on Wednesday, January 14th at 1PM CST for the webinar: Moving Towards An Overhead Solution. Registration is here: https://www.eventbrite.
If you are not yet a member of SEA, consider signing up now for an individual or organizational membership and receive this webinar free! Log on to www.se-alliance.org/