Heads in the sand
04.18.2005 -
Nonprofit panel sidesteps critical regulatory challenges facing nonprofits.
By Rick Cohen, executive director of the National Committee for Responsive Philanthropy
Despite having raised more than $3 million to support its work, a panel of nonprofit leaders has generated paltry and picayune accountability recommendations that will accomplish little or nothing to cure the accountability problems facing the nonprofit sector.
These recommendations, with more to come, sidestep most of the toughest issues of self-dealing, inappropriate expenditures, exorbitant trustee fees, inadequate foundation payout, and insufficient transparency that underlie the nonprofit accountability problems that have roiled the sector for the past few years. (see more...)
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