Re:Announcing 10x donation matching on Watsi
by maxerickson on Monday September 19, 2016 @05:37PM
(#12534967)
You need to find a better way to discuss the separate pools of money. Each of the three sources of funds you mention is donated.
We can afford to do this by 1) raising money separately from a group of donors to cover our administrative costs and 2) enabling people who donate to patients to add a tip to help cover administrative costs (despite it being optional, ~2/3 of donors tip).
We're too new to have been rated by Charity Navigator. Regardless, even when we are rated I won't point donors there. I think Charity Navigator is a valuable tool (more transparency around nonprofits is a good thing imo) but I don't think it's an effective way of evaluating an organization's impact. It's focused on what % of donations nonprofits spend on programs (vs administration) but not on whether the programs work.