On Mar 2, 2010, at 5:00 PM, Rev. Stewart Marshall wrote:
Part of it is lower overhead.
It is why some charities devote over 90% to the clients instead of
60-70 %
I know this is going to sound biased but Lutheran World Relief, and
Bethesda (both Lutheran Charities) have very low overheads. Why?
Lower staff costs. The directors of our charities have salaries
that are in the low 100's. No million $ salaries for our guys. So
with their salaries being lower the staff salaries will be lower on
comparison.
Plus streamlined processing of everything.
A governmental insurance agency is not about pleasing its investors,
it is not about looking good. (Costs of buildings is one huge
difference.)
In church terms it is called stewardship of monies. They have to be
better stewards as the price for not being so, is much higher.
Thank you. Exactly on target. I see the same thing myself as I visit
clients. When top management is there only for the money they bleed
the organization of resources to transfer as much money as possible to
themselves. Their employees are using computers that are much too old
and working around broken systems. They are running software that is
several versions back. Employees can barely get their jobs done.
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