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Thursday, October 06, 2005

Ladner’s Legacy:
A Pioneer in
The Reform of
Nonprofit Accountability


“[Ladner's] spending and perks, and the very clear lack of understanding of what was necessary for university business versus his own enrichment, raise troubling questions about whether the governing board was doing its job," Sen. Charles E. Grassley, an Iowa Republican and chairman of the Senate Finance Committee, said in a statement he provided to The Chronicle of Philanthropy.

Mr. Grassley is planning to propose a package of legislative measures designed to improve nonprofit accountability. "My reforms will encourage and empower boards to have more oversight of their operations," he said. "That will help to ensure that the wheels don't fall off, as they appear to have in this case."