CNN reports on the growing debate over how nonprofit groups value?or over-value?their donations of medications, clothes, and other noncash gifts.
The article looks at Charity Services International, which brokers in-kind donations for 50 nonprofit clients, including SPCA International and the Disabled Veterans National Foundation. The veterans group?s claims about its giving have prompted a Senate inquiry.
Luke Hingson of Brother?s Brother, a Pittsburgh organization that ships donated goods worldwide, and Daniel Borochoff, head of watchdog group CharityWatch, assert that some nonprofits inflate the value of in-kind gifts so they can report lower overhead.
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