May 15, 2008
Proposal to Improve Disclosure of Fund-Raising Costs Debated
A Congressional proposal that would require charities to disclose how much they spend on fund raising and charitable programs is raising a stir among fund raisers and their representatives.
Critics say that the proposal could result in some worthy charities losing money because donors would become too focused on fund-raising costs and not consider other factors, such as how effectively a charity carries out its mission.
At a hearing last month by the House Subcommittee on
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