Panel on the Nonprofit Sector Announces Work Groups� Participants :: PNNOnline :: the nonprofit news and information resource: "Panel on the Nonprofit Sector Announces Work Groups� Participants
Posted by: laurakujawski on Tuesday, December 14, 2004
Topic Special Features
The Panel on the Nonprofit Sector, created at the encouragement of the U.S. Senate Finance Committee, announced the appointment of members to five Work Groups.
These groups will assist the Panel as it prepares recommendations for Congress on improving the oversight and governance of charitable organizations.
The Work Groups will cover:
Governance and Fiduciary Responsibilities;
Legal Framework;
Oversight and Self-Regulation;
Small Organizations; and,
Transparency and Financial Accountability.
The Work Groups will consider modifications to existing laws and practices; examine areas where self-regulation is more appropriate, and suggest where further research is needed. 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 Panel on the Nonprofit Sector is part of a yearlong focus on charitable organizations and was convened by independent sector at the encouragement of the Senate Finance Committee."
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