AM/PM Session - 9 January 2018 - Making non profits accountable
We read an article about how we, as donors, can make non profit organisations accountable for how they use the money they receive:
Vocabulary Top 10:
wind down - to end gradually
Sr & Jr - abbreviations for ´senior´ and ´junior´; usually used to distinguish between a father and son who have the same exact names e.g. John Smith Sr and John Smith Jr
opportunism - someone who tries to get an advantage or something valuable from a situation without thinking about what is fair or right
crackdown - a serious attempt to punish people for doing something that is not allowed : an increased effort to enforce a law or rule
gravy train - something (such as a business or a government program) that provides money to many people without requiring much work or effort
tuition - money that is paid to a school for the right to study there
watchdog - a person or organization that makes sure that companies, governments, etc., are not doing anything illegal or wrong
due diligence - an investigation of a business or person prior to signing a contract, or an act with a certain standard of care
vulnerable - open to attack, harm, or damage; easily hurt or harmed physically, mentally, or emotionally
rescind - to end (a law, contract, agreement, etc.) officially : to say officially that (something) is no longer valid
If you were going to donate money to a charity, would you check first to see how they use the money?
Do you think that people aren´t donating to non profits anymore because they are worried about how they are really using the money?