October 8, 2008

Nonprofit Groups Will Face More Scrutiny, State Regulators Are Told

By

Santa Fe, N.M.

By GRANT WILLIAMS

Growing questions about the recent actions and responsibilities of boards of deeply troubled American banks and companies will eventually also be felt by nonprofit organizations and their leaders, an expert on governance matters told the annual meeting of the National Association of State Charity Officials.

A “spillover” to charities from “some of the events going on in Wall Street and Washington” is

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