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Oregon cracks down on charities

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Must Reads
Monday, July 01, 2013

Oregon is the first state to crack down on charities that spend too little of their money on their missions.

House Bill 2060, signed by the governor this month, will eliminate state and local tax subsidies for charities that spend more than 70 percent of donations on management and fundraising, rather than programs and services, over a three-year period.

The Oregon Department of Justice has already identified the top 20 “worst of the worst.”

Read more at The Statesman Journal.

{biztweet}oregon charity{/biztweet}

 

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