Friday, December 7, 2012

Religious Leaders v. Senator Grassley

The tireless nonprofit watchdog, Senator Grassley from Iowa, has turned his attention in recent years to what he perceives as irresponsible financial activity carried on by certain religious figures and organizations, television evangelists in particular.  After some back and forth, religious leaders agreed to established a commission, the Evangelical Council for Financial Accountability, to examine Sen. Grassley's concerns and to comment on some of his proposed solutions.  The Council recently released its findings in a 94-page report soothingly titled "Enhancing Accountability For the Religious and Broader Nonprofit Sector."  With that title, who could object?

It appears that Senator Grassley objects, primarily because the bottom line of the report is that nothing should change.  In the Senator's words, "[t]he report gives less attention to resolving some of the thornier questions, such as how to build accountability from entities that exploit vagueness in current laws and regulations for individual benefit rather than the greater good."  He added, ominously, that if Congress follows through with plans to overhaul the tax code, many of the issues that he has raised "will be ripe for review."

A story in The Chronicle of Philanthropy summarizes events and provides links to the report and Sen. Grassley's statement about it.

TAK

http://lawprofessors.typepad.com/nonprofit/2012/12/religious-leaders-v-senator-grassley.html

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