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Tuesday, April 26, 2005

House Tax-Exempt Hearing
Here is the link to the House hearing. The testimony is up, even though they have not posted the transcript yet.

Posted by Jennifer Lowe, 05:43:13 PM

Friday, April 22, 2005

Accountabilty Field Mtg Sponsored by Foundations
Charities and philanthropies will speak out on ways to have more oversight and governance within the nonprofit sector at a Field Meeting at the Westin - Southfield (1500 Town Center) on April 27 from 1:00 p.m. to 4:00 p.m., in Southfield, MI.

The Field Meeting is sponsored by the Charles Stewart Mott Foundation, the Council of Michigan Foundations, the Kresge Foundation, the Michigan Nonprofit Association and the W.K. Kellogg Foundation, on behalf of the Panel on the Nonprofit Sector. The Panel, created at the encouragement of the Senate Finance Committee, is inviting feedback from charitable organizations as part of their commitment to provide the U.S. Senate Finance Committee with recommendations regarding good governance and ethical practice.

For the full scoop

Posted by Jennifer Lowe, 02:29:06 PM

Tuesday, April 19, 2005

Most Nonprofits Already Accountable
Preliminary results from a survey distributed to hundreds of private, nonprofit, charitable organizations by the Johns Hopkins Nonprofit Listening Post Project during March 2005 revealed that substantial proportions of the country's nonprofit organizations are already utilizing most of the financial disclosure practices under review by the Senate Finance Committee to improve nonprofit governance and accountability.

> Check it out!

Posted by Jennifer Lowe, 03:04:07 PM

House Hearing on the Tax-Exempt Sector
Congressman Bill Thomas (R-CA), Chairman of the Committee on Ways and Means, today announced that the Committee will hold a hearing titled “An Overview of the Tax-Exempt Sector.” The hearing will take place on Wednesday, April 20, 2005, in the main Committee hearing room, 1100 Longworth House Office Building, beginning at 10:30 a.m.

For the full scoop click here...

Posted by Jennifer Lowe, 02:29:41 PM

Wednesday, April 06, 2005

Statements From Finance Cmte Hearing on Web
The Senate Finance Committee posted the testimony from yesterday's hearing on nonprofit revenue-raisers and accountabilty.

Sens. Schumer and Santorum had some interesting remarks noting that some of the accountabilty measures will be unduly burdensome on small nonprofits. Santorum raised the additional point that it is uncertain whether more vigilant enforcement by the IRS would make nonprofits more accountable. Hopefully, they will continue to stand their ground as legislation moves forward.

Posted by Jennifer Lowe, 04:13:51 PM

Tuesday, April 05, 2005

Listen Live Now!
Listen live to Senate Finance Hearing NOW!

SENATE FINANCE COMMITTEE
Charitable Giving Reform
Full committee hearing on "Charities and Charitable Giving: Proposals for Reform."

Witnesses:
IRS Commissioner Mark Everson; George Yin, chief of staff, Congressional Joint Committee on Taxation; Leon Panetta, director, Panetta Institute for Public Policy; Jane Gravelle, senior specialist in economic policy, Congressional Research Service; Richard Johnson, member, Waller Lansden Dortch and Davis, PLLC, Nashville, Tenn.; Mike Hatch, Minnesota attorney general, Saint Paul, Minn.; David Kuo, former special assistant to the president and deputy director, White House Office of Faith-Based and Community Initiatives; Brian Gallagher, president, United Way, Alexandria, Va.; Diana Aviv, president/CEO, Independent Sector, Washington, D.C. Location: 628 Dirksen Senate Office Building.
10 a.m.
Contact: 202-224-4515

Posted by Jennifer Lowe, 10:09:32 AM

Monday, April 04, 2005

NCRP Offers Critique of IS' Recommendations
The nation's only philanthropic watchdog, the National Committee for Responsive Philanthropy (NCRP), today issued a critique of proposals on charitable accountability that are being considered by the Senate Finance Committee on April 5th.

"Despite having raised more than $3 million to support their 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", observed Rick Cohen, NCRP's Executive Director.

Check out the critique.

Posted by Jennifer Lowe, 05:33:26 PM

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