The Future Of Charitable Giving

In today's society, the problems of accountability and trust within a nonprofit sector are at all time low. Most recently, the American Red Cross was taken sharply to task over its plans (later dropped) to use some Sept. 11 funds for other purposes, while the Nature Conservancy was criticized for failing to disclose loans to its executives. High salaries awarded to the heads of some nonprofits have also drawn fire, as compensation for the chief executives of the nation's biggest charities grew at a rate nearly double that of inflation last year.