Within the Spanish legislation, the requirements
for inf
ormation disclosure depend on the kind of organization.
Most of Spanish Non
-
Governmental Organizations (NGOs) work
as charitable foundations (a legal categorization of non
-
profit
organizations), organizations where we focus on. In this paper we
analyse the
requirements that Spanish law establishes for the
disclosure of social impact information for charitable
foundations. Social impact is, probably, the best benchmark to
measure the performance of this kind of non
-
profit organizations.
There must be underli
ned that Spain is divided into several
regions (known as “Autonomias”), and some of these regions
have specific rules for charitable foundations. Therefore,
depending on the region where a NGO (foundation) is settled on,
the requirements for information di
sclosure can vary. In this
paper we compare the different requirements that regions
establish for their NGOs (charitable foundations) in the field of
disclosure of information on social impact. And we also reflect on
the adequacy of this information to the
requirements of the
stakeholders (donors, beneficiaries, community, ....