Monday, November 14, 2005

NWAnews.com :: Northwest Arkansas' News Source

NWAnews.com :: Northwest Arkansas' News Source: "Panel looks at rules making charities more accountable

BY MARK MINTON

Posted on Sunday, November 13, 2005

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Congress has trained its eye on what charities and their donors are doing with their money and their tax breaks.

A review begun more than a year ago by the Senate Finance Committee is expected to produce a first spate of reform proposals this week — a prospect that has some charities on edge.

The committee’s chairman, Republican Sen. Charles Grassley of Iowa, has led the push for measures that he has said would make charities more accountable to taxpayers and donors. Charities, represented by Independent Sector, a Washington coalition, have acknowledged that gaps in laws contributed to some recent high-profile abuses."

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