How can charities ensure transparency and accountability?
Charities can ensure transparency by regularly publishing financial reports and being open about their operations.
What specific practices can they implement?
They can implement practices like independent audits, clear communication of their mission, and engaging stakeholders in decision-making.
How does transparency affect donor trust?
Transparency builds donor trust by showing that funds are used effectively and that the charity is committed to its mission.
Are there any tools or platforms that help with this?
Yes, platforms like GuideStar and Charity Navigator provide ratings and information on charities' transparency and accountability.
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