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Independent Sector Proposes Charity Reforms In Interim Report to Senate Finance Committee

Independent Sector Proposes Charity Reforms In Interim Report to Senate Finance Committee

Independent Sector Proposes Charity Reforms In Interim Report to Senate Finance Committee

Panel promises additional recommendations later; Grassley praises effort as beneficial

The Panel on the Nonprofit Sector convened by the Independent Sector held a joint appearance with Senate Finance Committee Chairman Chuck Grassley (R-Iowa) and released the Panel’s first set of recommendations on March 1, with Grassley praising the effort as helpful to the Committee.

The report covers much of the same ground as earlier comment drafts (See Nonprofit Issues, February 16-28, 2005), but leaves some issues unresolved and promises additional recommendations later in other areas.

The Interim Report covers 15 specific sets of recommendations for improving accountability and governance of charities....

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