New Charity Guidelines Deal With Online Fraud, Overhead, Executive Pay

In a continued effort to self-regulate, Independent Sector, a membership organization of nonprofits, released a set of 33 principles for charities to follow when their members meet in the boardroom, solicit donors, manage their operations and report their finances.

“Principles for Good Governance and Ethical Practice: A Guide for Charities and Foundations” is an update on a similar set of guidelines the group compiled in 2007.