Excerpt from U. S. Department of the Treasury’s Proposals to Improve Compliance by Tax-Exempt Organizations: Hearing Before the Subcommittee on Oversight of the Committee on Ways and Means, House of Representatives, One Hundred Third Congress, Second Session, March 16, 1994
At our earlier hearings, we received disturbing testimony from the irs, State officials, and others who monitor the activities of public charities about how some charities are being operated as much for the benefit of insiders as for their intended beneficiaries. In addition, the subcommittee has received a wealth of information from the public and charities themselves about abusive situations, with the recommendation that something be done. Further, in both open and closed sessions, the subcommittee has discussed where and how acts of inurement or self-enrichment are occurring, and why irs has done little, if anything, to punish this behavior.
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