Independent Sector Convenes National Panel on Nonprofit Sector :: PNNOnline :: the nonprofit news and information resource

Independent Sector Convenes National Panel on Nonprofit Sector :: PNNOnline :: the nonprofit news and information resource: "Independent Sector Convenes National Panel on Nonprofit Sector
Posted by: laurakujawski on Friday, October 29, 2004
Independent Sector announced the creation of a national panel that will make recommendations to Congress to improve the oversight and governance of charitable organizations. IS formed the 'Panel on the Nonprofit Sector' at the encouragement of Finance Committee Chair Charles Grassley (R-IA) and Ranking Member Senator Max Baucus (D-MT).
In their letter to Independent Sector, Senators Grassley and Baucus noted that 'there is great value in your bringing together an independent group of leaders with broad experience... We would welcome the recommendations that will be forthcoming from such a panel to assist our legislative efforts.' The Finance Committee asked that the panel provide a report of its initial findings and recommendations by February 2005 and a final report in the spring of 2005.
The Senators' call for further study and recommendations is part of a year-long focus on the nonprofit sector by the Senate Finance Committee in response to numerous reports in the media of ethical lapses in governance, fundraising, and other practices. In June, the Finance Committee held hearings and released a discussion paper exploring a number of changes in the law governing the charitable sector. In July, the Committee convened a roundtable of sector leaders to discuss further possible reforms."