Giving Compass' Take:
- In this podcast, speakers discuss how the Annie E. Casey Foundation addresses the nonprofit starvation cycle by equitably giving to grantees' operational costs.
- How can flexible funding for nonprofits help address the overhead myth?
- Learn why the overhead myth persists among donors.
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This week at Fund the People, we are in conversation with another major foundation that is striving to do their part to smash the overhead myth!
In this episode, you’ll get an insider’s view of The Annie E. Casey Foundation’s journey to end the nonprofit starvation cycle by contributing more fully and equitably to the real costs of grantee organizations. Our guest is Katie Tetrault, the Foundation’s Vice President of Finance and Grants Management.
You’ll learn how and why the Foundation recently changed from paying only 10% toward “indirect costs” on project and program grants, and why they created a three-tiered policy that now pays up to 25%.
Read the full article about overhead myth at Fund the People.