Non-Profits Wait As Congress Mulls Oversight Changes

The US Congress is considering serious reform in the oversight of non-profit organizations. “The overall drive to nonprofit reform began after the passage of the federal Sarbanes-Oxley Act, which Congress enacted in the wake of Enron and other accounting scandals. After revelations that a small number of charities, such as those handling the millions received after Sept. 11, 2001, had engaged in similar abuses and administrative waste, the drive quickly intensified.”