The Overhead Myth Letter Signers & Good Overhead/Bad Overhead

Written “To the Donors of America,” The Overhead Myth letter created a lot of buzz in the nonprofit community this summer. My guests are the three co-signers, the CEOs of Better Business Bureau Wise Giving Alliance, GuideStar, and Charity Navigator. Art Taylor, Jacob Harold and Ken Berger will explain what led up to the letter, why it was necessary and why they feel “many charities should spend more on overhead.”

Gene Takagi, our legal contributor, helps you understand what may be sensible and appropriate non-program expenses for your nonprofit, and what you should avoid. How do you protect your board, officers and employees, but not go overboard on overhead? Gene is principal of the Nonprofit & Exempt Organizations law group (NEO).