Over the last two years, the Australian Charities and Not-for-profits Commission has received more than 1300 formal complaints about Australian charities. The most common complaints were concern over how organisations were spending donor dollars, and a lack of transparency and accountability. While most cases were resolved without the need for a formal investigation, the volume of complaints is evidence of the public’s growing interest in the financial management of the organisations they support.
Donors not only want more information for their own piece of mind, they are using it to decide where they should direct their support. Transparency and accountability is therefore a key issue for organisations looking to gain a competitive advantage in a crowded fundraising environment.
Following on its previous special investigation into charitable competition, Giving Trends has just released Show Me the Money, an exploration of how well Australian organisations are responding to donor demands for transparency and accountability. It also looks at attitudes towards financial management, reporting and regulation.
If you did not receive Show Me the Money by email, please call 1300 721 799 or email email@example.com to request a copy and be added to the Giving Trends mail list.