DenverPost.com - BUSINESS: "Charities fear laws will be costly
Congress weighs tighter controls
By Will Shanley
Denver Post Staff Writer
Nonprofit leaders in Colorado support tightening controls over charitable organizations, but some say added federal regulations will divert money away from the people nonprofits help.
'Too much micromanagement from Washington would be a disaster for small nonprofits and private family foundations,' said David Wood, an attorney with the Colorado State University Foundation."
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