National Philanthropy Day was November 15. Giving Tuesday falls on November 29. Let’s start the month of November by myth busting around nonprofits and “the overhead myth.”
On Thursday October 27, 2022, the Williamsburg Health Foundation (WHF) hosted its annual awards breakfast about “Doing Good Better: Nonprofit Capacity Building.” WHF describes capacity building for a nonprofit as “strengthening internal structures, systems and processes, management, leadership, governance” and more.
As part of the event, WHF produced a video about the Overhead Myth. As the video explains, there is a cultural assumption that nonprofits should not spend money on sustaining and growing the organization.