List of Work Group Recommendations

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The recommendations below were the result of seven weeks of intensive discussions among the Panel’s five Work Groups and its Expert Advisory Group. They have formed the basis of the Panel's deliberations as it prepares its interim report to the Senate Finance Committee.

The Panel encouraged comments on these recommendations from the nonprofit community, and that feedback was also considered in the development of the interim report.

To download a copy of an individual recommendation, click on its title. To obtain all of them together, click here; please be aware that this is a large document (1.3 mb). To make it easier for you to make notes in preparation for submitting comments, all documents have been saved as pdfs.

Improving Transparency and Financial Management

A. Federal Reporting Requirements

#1: Certification of IRS Information Returns
#2: Form 990 Filing Deadlines and Extension
#3: Penalties for Inaccurate or Incomplete Returns
#4: Electronic Filing
#5: Notification Requirement

B. Other Reporting Requirements

#6: Financial Audits and Reviews
#7: Public Disclosure of Financial Statements

Improving Government Oversight and Enforcement

A. Strengthening Anti-Abuse Rules

#8: Penalty Tax on Self-Dealing
#9: Type III Supporting Organizations
#10: Donor-Advised Funds
#11: Tax Shelter Rules
#12: State Enforcement of Federal Laws
#13: Standards for Imposition of Penalties on Organization Managers

B. Strengthening Oversight and Enforcement

#14: Funding for Federal and State Enforcement
#15: Information Sharing Between Federal and State Officials
#16: Public Disclosure of IRS Determinations

Improving Governance and Self-Regulation

#17: Criteria for Determining Standards for Self Regulation
#18: Whistleblower Protection
#19: Conflict of Interest Policy Disclosure
#20: Audit Committees

Special Considerations of Small Organizations