It is unfortunate to say, but many people do not trust charities to use their donations appropriately. In a world of instant news, we are often faced with corruption and scandals surrounding nonprofits. Charities are held at a higher standard and need to improve their transparency in order to maintain donor trust.
When potential donors can easily find your organization’s information, they are usually willing to be more generous with their donations. Here are five ways to improve your charity’s financial transparency.