Blurring the Line Between Charities and Businesses

Source: C. Eugene Steuerle, Urban Institute, October 09, 2007

The Washington Post, October 8, 2007–Do you ever wonder why more conflicts seem to flare between charities and businesses? Just last year, the Senate Finance Committee and the House Ways and Means Committee began investigating questions ranging from whether nonprofit hospitals were really charitable to whether corporate-size salaries for some foundation board members and charitable officers were excessive. In the District, fights continue over the pending sale of Greater Southeast Community Hospital–initially a nonprofit, now owned by a money-losing for-profit and seeking to sell itself to another for-profit. The deal depends on millions in local government subsidies.

Leave a Reply