May 1, 2008
Senator Seeks New Regulations for Charities
Washington
A key senator wants to give the Federal Trade Commission the power to regulate nonprofit organizations — including penalizing charities that say in their fund-raising appeals they are raising money for a particular cause but devote very little of it to that purpose.
The effort by Sen. Byron L. Dorgan, a North Dakota Democrat, is the first stab at putting the brakes on nonprofit organizations that spend a very low percentage
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