Proposed Reforms of Tax Exempt Organizations

For Immediate Release

Wednesday, July 21, 2004

Grassley Announces Participants, Releases White Papers for Charitable Governance Roundtable

WASHINGTON – Sen. Chuck Grassley, chairman of the Committee on Finance, with

ranking member Sen. Max Baucus, are convening a roundtable to consider white papers in response

to the bipartisan staff discussion draft of proposed reforms of tax-exempt organizations. Today,

Grassley released the names of the roundtable participants, whose white papers will be posted at

finance.senate.gov today.

The roundtable is scheduled for Thursday, July 22, from 2 p.m. to 5 p.m. in 215 Dirksen

Senate Office Building. The committee chose the participants after soliciting white papers from

individuals and organizations interested in participating.

“A lot of people in the tax-exempt field have views and expertise they’d like to share with

the committee,” Grassley said. “This roundtable will give them the opportunity to comment on the

staff discussion draft of reforms or anything else on charitable governance. I’m very pleased with

the strong response from the charitable community.”

The roundtable will be closed to the public and media to encourage maximum participation

in the event. It follows the committee’s June 22 hearing on charitable governance reforms. 

Mr. Ira Millstein

Senior Partner

Weil, Gotshal & Manges

Ms. Marion Fremont Smith

Senior Research Fellow

Hauser Center for Nonprofit Organizations

Harvard University

Ms. Frances Hill

Professor of Law and Director, Graduate Program in Taxation

University of Miami School of Law