By STEVE GUNDERSON
GUEST COLUMNIST
I've been reading with great interest lately the intensifying questions following Warren Buffett's pledge to give the majority of his estate (a $30.6 billion gift) to the Bill & Melinda Gates Foundation. This scrutiny was inevitable and, in some ways, expected.
In the wake of Jack Abramoff's alleged abusive use of philanthropic organizations for political purposes, there is both a need and a public demand for new regulations on the sector. Individuals have recommended a wide array of next steps -- congressional hearings, additional disclosures for charities related to congressional members, to even prohibiting any foundation related to elected officials. Lately, many are asking, 'What are all philanthropic organizations doing to prevent such egregious use of their organizations and assets?'"
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