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Advocacy Blog
Thursday, November 30, 2006
Nonprofit Agency?
The Federal Times reports that nonprofit leaders are advocating for the creation of a new agency that would regulate the nonprofit sector. The IRS is the main agency dealing with nonprofits because of the tax code, but no agency strictly deals with supporting, monitoring, and regulating nonprofit organizations. The nonprofit sector is also increasingly growing, which has caused increased Congressional interest.
Rather than respond to a hodgepodge of legislation from the Hill, [Steve] Gunderson and other nonprofit advocates are asking whether it would be better to have an agency devoted to promoting and monitoring the nonprofit sector.
The National Council of Nonprofit Associations proposed the idea of a Small Business Administration-like agency for nonprofits in 2004. Such an agency could offer training and management assistance for community and faith-based organizations, the group proposed.
Posted by Amanda Adams
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