Wednesday, July 20, 2005

baltimoresun.com - Reform goes back to start on nonprofit boondoggle

baltimoresun.com - Reform goes back to start on nonprofit boondoggle: "FAITHFUL READERS know about a $2 billion federal boondoggle called the Javits-Wagner- O'Day program, which pays peanuts to disabled people working on no-bid government contracts, enriches nonprofit executives and operates with little oversight or control.

Last year, the government showed signs of seeing the problem and reacting.

Responding to articles in The Sun and nationwide efforts to improve corporate governance, the little agency that runs Javits-Wagner proposed strict executive salary limits for nonprofit organizations getting the contracts as well as requirements for the groups to name audit committees, disclose business relationships with trustees, change trustees regularly and publish board minutes."

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