Article
Feeds
|
"Fraud in Charitable Fundraising" |
June 28, 2005
Previously published by Business Torts Journal on Spring 2004
Americans gave $212 billion to charitable organizations in 2001, of
which $160.7 billion came from individual citizens. Historically,
Americans give more to charity than the citizens of any other country
in the world.2 While it may appear there is plenty of money to
go around, intense competition for charitable dollars exists and as
a result many charities use professional solicitors for fund-raising.
The enormous amounts of money given to charities, and the fact
that much of it is raised by professional solicitors, has understandably
drawn attention from federal, state, and local governments.
These authorities have made efforts to regulate charitable giving
and to ensure that fraud is not perpetrated upon charities and
donors by the professional fund-raisers. However, until the past
few years¿with stepped-up enforcement by the IRS and a new
pronouncement by the U.S. Supreme Court¿the states have been
handcuffed in trying to protect the public.
|
The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
|
|