Wednesday, May 09, 2007

New Study: Foundations Support of Nonprofit Overhead Costs

The Aspen Institute and the Center on Philanthropy at Indiana University released an interesting study on foundation support of nonprofit overhead costs. The study finds that foundations may support these costs more than conventional wisdom suggests, but that doesn't seem to translate to preceptions on the nonprofit side.

A new study by the IU Center on Philanthropy shows that 69 percent of foundations support nonprofits' overhead expenses, while nearly two-thirds of nonprofits surveyed say they lack funding for overhead costs. Twenty-eight percent of nonprofits reporting inadequate overhead said the cause was external pressure to keep expenses low.

Read more on the study here.

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