There's a double standard between how staff and operational costs are treated in private foundations and publicly-supported nonprofits. It ought to be a huge scandal in the conversations about “full costs,” “overhead” and “indirect costs” in this field. So I have a radical proposal for how to address this double standard. Take a listen.
This episode is part of our Rusty's Rants and Reflections series. The series offers Rusty's provocative reflections and ideas about investing in the nonprofit workforce.
Resources:
Understanding and Benchmarking Foundation Payout by Loren Renz of Candid