Thursday, October 01, 2015

Opinion: Don't Let the States Trample on the Right to Donor Anonymity - The Chronicle of Philanthropy

Opinion: Don't Let the States Trample on the Right to Donor Anonymity - The Chronicle of Philanthropy: "he possibility of self-dealing and conflict of interest on any nonprofit’s board is a classic reason for regulators to investigate. Whether such concerns surround Carnegie Hall or any other group, regulators should seek to learn more when there is reason for suspicion.

But two of the most prominent state regulators are taking a different and wrong-headed approach to transparency. They are demanding information about the donors of any and all nonprofits, whether there is reason for suspicion or not. Their approach should worry any organization that wants to protect the identities of donors. The attorneys general in California and New York, ostensibly concerned about the influence of political money on nonprofits, have set the groundwork for a battle over donor anonymity that may well be headed to the Supreme Court for consideration in the term that starts on Monday."



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