“If an organization claims that they can put 99 percent of the money they receive toward their programs, you need to figure out how that’s humanly possible,” says Melissa Berman, president and CEO of Rockefeller Philanthropy Advisors. The group may be able to channel its contributions that way because its board of directors underwrites costs, but it can also mean that numbers are being manipulated. In reviewing tax returns, check if the charity is often running at a deficit or if improper payments have been made to board members.
Melissa Berman, RPA’s Chief Executive Officer, commented: “This is a win-win relationship that will further enhance the support AET provides to philanthropists and their advisers. Both RPA and AET are united by our common vision to help clients make lasting and effective contributions to charitable programs, projects or organisations that resonate with them.”