Tuesday, March 08, 2005

Federal Proposal would increase accountability of charities

Dateline Alabama
Federal proposal would increase accountability of charities
Proposals before the U.S. Senate Finance Committee are designed to improve the accountability of charities, but some critics say safeguards are in place and the changes would just mean more paperwork.

A panel of nonprofit experts has proposed both changes in the law as well as voluntary moves by the nation's 1.3 million charities and foundations.

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