Wiki Impact: 64pct of foundations score poorly on transparency

A study by research group Wiki Impact has found that the majority of non-profit foundations make insufficient information available to the public and score a low transparency rating.

The 'Transparency Score of Malaysia's Foundations' report rated 1,567 foundations in Malaysia based on their transparency scorecard, with only 32 foundations receiving a minimum A rating.

Among the foundations with high transparency scores are WWF Malaysia, TFM Foundation, Yayasan Hasanah, Yayasan Sejahtera, Arba International Waqf (L) Foundation, MyKasih Foundation, Yayasan Selangor, Yayasan Bank Rakyat and YTL Foundation.

However, over 1,000 (64 percent) of those rated by...