Democratic Congress May Give Non-Profits Longer Leash

Will last week’s election results make life easier for cultural groups and other non-profit corporations? “Many eyes will be on the Senate Finance Committee, where Max Baucus (D-Mont.) is to succeed Charles Grassley (R-Iowa) as chairman. Indignant over financial scandals at some non-profits, Grassley had made reform of tax-exempt groups a cause. But Baucus doesn’t seem to share that same ardor.”