Tuesday, November 15, 2005

SignOnSanDiego.com > News > Business -- Charity bosses debate merits of tighter rules

SignOnSanDiego.com > News > Business -- Charity bosses debate merits of tighter rules: "Congressional reforms may increase oversight
By Jeff McDonald
UNION-TRIBUNE STAFF WRITER

November 15, 2005

Ethics and accountability in the nonprofit sector might seem like a slam dunk. After all, no one goes into charity work for the money, right?

But the truth is, the world of philanthropy has been plagued by fraud, self-dealing and other moral lapses in recent years, leading Congress to consider the most sweeping reform of the nonprofit sector in decades.

Yesterday, about 100 charity executives and board members attended a University of San Diego symposium examining how stricter oversight might affect the work they do.

Not surprisingly, nonprofits are divided over the need for the broader regulations likely to come their way."

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