Question about unacceptable overhead at fundraising organizations?

Recent testimony from the American Institute of Philanthropy to the Congress (see http://oversight.house.gov/documents/20071213131834.pdf) addressed the unacceptably high levels of overhead among fundraising organizations, especially those raising money for veterans and crime and fire prevention. The Institute recommends that at least 60% should go to the program. Swords to Plowshares is very happy to report that 96 cents of every dollar (96%) goes toward helping veterans and only 4 cents of that dollar goes toward fundraising. For more information, please contact Swords to Plowshares development department at development@stp-sf.org or 415.252.4787 x343.

Read more on this at the Washington Post website