The message being thrust at today’s charities is the need for transparency. In conversations with charities, however, I still sometimes hear doubts expressed regarding the need for openess. For decades financial data has always been a closely guarded secret , available only to the priviledged inner circle — why change now?
In this post we will examine the reasons — both selfish and altruistic — why organizations should proactively pursue Financial Transparency and post their relevant Financial Reports on their websites.