Charities Urged to Crush Overhead Myth, Take Actions Toward Overhead Solution

(Press release, October 21, 2014) — As Americans donate generously this holiday season, the three CEOs of the leading information sources on nonprofits — GuideStar, Charity Navigator and BBB Wise Giving Alliance — issued a joint letter urging charities to help crush the false notion that overhead ratios serve as the sole basis for trusting a charity and to help move toward an Overhead Solution by demonstrating ethical practices, managing toward results and educating funders.