“…Accountability to stakeholders, and to donors in particular, is crucial for all nonprofits—including CFs—that aim to build legitimacy and attract charitable contributions by providing signals of good housekeeping and by demonstrating their capacity to act in the interest of the community (Cabedo, Fuertes‐Fuertes, Maset‐Llaudes, & Tirado‐Beltrán, 2018; Conway, O'Keefe, & Hrasky, 2015; Levine Daniel & Eckerd, 2019; Murtaza, 2012). Given that nonprofits interact with a wide range of stakeholders who have varying information needs (Connolly, Hyndman, & McConville, 2013; Dhanani & Connolly, 2012), these organizations are expected to be accountable to multiple actors and on different aspects simultaneously (Ebrahim, 2010).…”