Asked by Brianna Weidaman on May 04, 2024
Verified
Examine and explain Standard 19 of the Better Business Bureau Wise Giving Alliance Standards of Excellence.
Better Business Bureau Wise Giving Alliance
An organization that evaluates and accredits charities in the United States based on standards for charity accountability.
- Discuss the issues of regulation and transparency in earned-income activities and how they affect the accountability of nonprofit organizations.
Verified Answer
MB
Myranda BurtonMay 08, 2024
Final Answer :
Standard 19 of the Better Business Bureau Wise Giving Alliance Standards of Excellence focuses on the organization's transparency and accountability in disclosing basic information to the public. This standard requires organizations to provide clear and accessible information about their mission, governance, finances, and programs. This includes disclosing key information such as the organization's board of directors, audited financial statements, and the percentage of the budget spent on programs versus fundraising and administrative expenses. By adhering to Standard 19, organizations demonstrate their commitment to transparency and accountability, which helps donors make informed decisions about supporting charitable organizations. This standard also helps to build trust and confidence in the nonprofit sector as a whole.
Learning Objectives
- Discuss the issues of regulation and transparency in earned-income activities and how they affect the accountability of nonprofit organizations.
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