Why should non-profit organisations be expected to operate any differently to private businesses when it comes to covering overheads? Increasingly, philanthropic funders are building into their grants a cushion for funding operating expenses – and this is the right way to go. In 2013 a new TED talk by Dan Pallotta burst onto the non-profit and philanthropy scene. Entitled The Way we Think about Charity is Dead Wrong,, he criticised the double standards that applied to the financing of for-profit companies and non-profit organisations. He pointed out that non-profits are generally...