Wednesday, December 07, 2011

Senator Criticizes Treasury Department Report on Giving - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Senator Criticizes Treasury Department Report on Giving - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: A leading Republican senator is angry about a new Treasury Department report that examines how much two types of organizations distribute to charity each year.

The report studied “supporting organizations,” a type of group that finances the activities of specific nonprofits, and donor-advised funds, which offer a way for people to give cash, stock or other assets and recommend when and to which charities the money is spent.

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