AFP Blog: Recent News of Note

This blog contains assorted news and commentary on the fundraising profession and philanthropy gathered by the AFP Fundraising Resource Center. Other Sites of Interest Section Disclaimer: AFP provides the following listing of hyperlinks to other Internet pages as a privilege to the user. AFP does not necessarily endorse, support or attest to the accuracy of information posted on those Internet pages. Some links may require registration to view and/or may only be available for a limited time.

Wednesday, May 25, 2005

Verizon Online - Industry News-Survey: Majority of Nonprofits Unprepared for Proposed Sarbanes-Oxley Type of Measures, According to Kintera

Verizon Online - Industry News: "Survey: Majority of Nonprofits Unprepared for Proposed Sarbanes-Oxley Type of Measures, According to Kintera
Business Wire05/25/2005 06:04 AM

In a recent survey of the nonprofit sector, the majority of respondents -- 51 percent -- said that they are not prepared to comply with Sarbanes-Oxley-like regulations currently being proposed by Congress and the Internal Revenue Service. Of those answering the poll question, 'Is your nonprofit prepared to comply with financial regulations if mandated by the U.S. Government?', 49 percent reported they were prepared for compliance measures should they arise. The informal web survey was conducted from March 22 to April 29, 2005 by 'software as a service' provider Kintera(R), Inc. (Nasdaq:KNTA) via its website at www.kintera.com. "