Trustworthiness of not-for-profit organisations

This paper focuses on the perception of trustworthiness. The different stakeholders of not-for-profit organisations (e.g. state, private institutions, individuals) have different views of what trustworthiness is because their perceived risks are different when dealing with not-for-profits, i.e. not-for-profits are judged under different criteria regarding their trustworthiness by the different stakeholders. An important stakeholder in Europe, the EU, for example, has discussed the transparency of not-for-profit organizations in relations to the threats terrorism poses, suggesting that this is an important element for the EU in its judgment of the trustworthiness of not-for-profits. Another stakeholder, like a private philanthropic foundation may find a not-for-profit trustworthy as long as its overhead costs are low, while an individual may trust an organization if friends participate in it.