Monday, October 28, 2013

'Diversion' of Nonprofit Assets Widespread but Little Noted - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

'Diversion' of Nonprofit Assets Widespread but Little Noted - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Hundreds of nonprofit organizations have reported hundreds of millions of dollars in losses to embezzlement, fraud, and other unauthorized uses of their money since the Internal Revenue Service began formally asking about such “diversions” in 2008, The Washington Post writes.

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