New York Times blasts "nonprofit entrepreneur"
Last night we featured an article in which the NYT described ascribed nonprofit identity to a for-profit business. Today: an editorial criticizes a veterans' charity for spending too much on infrastructure. Note what they highlight about its founder:
There is very little regulation in the charity game, and if someone like Roger Chapin, the “nonprofit entrepreneur” who founded the Coalition to Salute America’s Heroes and Help Hospitalized Veterans, wants to mismanage your money, he has great leeway in doing so.
The notion that charities are subject to "very little regulation" may be a laugher to folks in the, um, biz, but perception matters more than reality.
Here come the drums . . .
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