May 24, 2003

Privilege Lost

Forum Column - By Bruce Givner - On Feb. 27, the U.S. Senate passed S476, titled the CARE Act of 2003. (That acronym stood for Charity Aid, Recovery and Empowerment Act in an earlier form of the bill.) The first six titles reflect the bill's purpose: "to provide incentives for charitable contributions by individuals and businesses, to improve the public disclosure of activities of exempt organizations and to enhance the ability of low-income Americans to gain financial security by building assets."