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The Future of State Regulation of Charities

Fremont-Smith, Marion R.

The subject assigned to me, “The Future of State Regulation of Charities”, came with a request that I include some reflections on my experience as a state regulator some fifty years ago and as an observer and supporter of improved and expanded state regulation ever since then. Regulation of charities has two overriding purposes: (1) to assure accountability of fiduciaries and protect charitable assets, and (2) as part of a program of consumer protection to prevent misleading or fraudulent solicitations. This paper focuses on how the present scheme of state regulation developed, how and where it fits with federal regulation, and suggestions from scholars and practitioners as to how it might be improved. Finally, although my record for predicting changes is very poor, I will provide some surmises as to the future.

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Other papers from the same panel are available in Academic Commons. "The Case For A Renewal Of Civic Capitalism In The Independent Sector" by Scott Harshbarger - http://dx.doi.org/10.7916/D85X26WS "Evolving State Regulation: From Index Cards To The Internet" by Karin Kuntsler-Goldman and Belinda Johns - http://dx.doi.org/10.7916/D8NV9G6F Access all papers from the 2013 Charities Regulation and Oversight Project Policy Conference in Academic Commons http://academiccommons.columbia.edu/catalog?f%5Bseries_facet%5D%5B%5D=2013+Charities+Regulation+and+Oversight+Project+Policy+Conference

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