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Sarah Webber, Associate Professor of Accounting, University of Dayton

Donor beware: Pause before you give to any cause

Steve Bannon Charity Navigator GoFundMe Philanthropy
Steve Bannon, second from right, was indicted and charged on Sept. 8, 2022, with alleged money laundering, fraud and conspiracy for deceiving donors and misusing their funds for a charity. David Dee Delgado/Getty Images

The public’s trust in nonprofits declined from 59% in 2020 to 56% in 2022, according to Independent Sector, a coalition of nonprofits, foundations and corporate giving programs that tracks trends in philanthropy.

One likely explanation for this erosion of confidence in organizations that are supposed to do good works: news of nonprofit leaders and fundraisers who improperly pocket funds.

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