The Commission on Accountability and Policy for Religious Organizations just published their report, which was presented last week to Senator Charles Grassley. The report is based on two years of work by 80 nonprofit, tax, and legal experts and leaders, including ECCU President/CEO Mark G. Holbrook. It promotes solutions to key policy issues related to financial accountability in the religious and broader nonprofit sector.
The Evangelical Council for Financial Accountability (ECFA) led the effort to form the Commission and has made the 94 page report available for review.
Among its contents, the report covers the following topics and includes 43 recommendations related to:
- Executive Compensation and Excess Benefit Transactions
- Clergy Housing Exclusion
- Churches, Accountability, and Donor Engagement
- IRS Advisory Committee for Religious Organizations
- Independent Accreditation and ECFA’s Model
- Religious Organization Examinations and Third-Party Oversight
- Examinations of Church Leaders
- Love Offerings
- Public Disclosure of Highly Sensitive Information
I think you will find this to be very helpful information which can lead all of us in the nonprofit community to better governance, accountability, and transparency without greater government oversight or regulation. I highly recommend you take a look at the report and let me know what you think.