Professor Fishman comments on effective financial oversight of charities
Professor James Fishman was quoted on a blog produced by the Center for Investigative Reporting. In a discussion about unscrupulous charity fundraising, Professor Fishman called for a clarification of the difference between wasteful overhead costs and those that appear to be high but actually reflect legitimate expenses, especially in the case of newer non-profits.
“High fundraising costs usually are a different issue from fraudulent activity. It’s hard to draw a bright line between the two,” Professor Fishman is quoted as saying.
The complete article, which includes Professor Fishman’s proposed response to the issue, can be read here.