You are considering making a contribution to the Conservation Fund. However, as an accountant you decide to
Question:
You are considering making a contribution to the Conservation Fund. However, as an accountant you decide to conduct “due diligence” related to the efficiency and effectiveness of the Conservation Fund before making your contribution. You are aware of two websites that can assist you in your research; the first is operated by CharityWatch (www.charitywatch.org) and the other is operated by the Better Business Bureau (www.give.org).
Required
a. What grade (or rating) did the Conservation Fund receive from Charity- Watch? What criteria are used by Charity Watch in assigning grades? Interpret the grade received by the Conservation Fund.
b. Does the Conservation Fund meet the Better Business Bureau’s (BBB) standards for charity accountability? Why or why not?
c. Using the BBB website, provide statistics on the Conservation Fund’s program effectiveness and fund-raising efficiency.
d. Based on your answers to parts a–c, does it appear the Conservation Fund is efficient and effective?
Step by Step Answer:
Accounting for Governmental and Nonprofit Entities
ISBN: 978-1259917059
18th edition
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely