October 16, 2008
More Scrutiny of Charities Expected, Regulators Told
Growing questions about the recent actions and responsibilities of boards of deeply troubled U.S. banks and companies will eventually also be directed at nonprofit organizations and their leaders, an expert on governance matters told the annual meeting of the National Association of State Charity Officials.
A "spillover" to charities from "some of the events going on in Wall Street and Washington" is probable, Michael W. Peregrine, a Chicago lawyer, told state officials in charge of
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