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Resource ID: #21504
Subject: Nonprofits
Source: Chronicle of Philanthropy (Washington, D.C.)
Affiliation: 
Date: February 5, 2004

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Description

This article takes an in-depth look at the ways charities spend their funds. The reporters found that many charities in fact use their assets to make loans to officers and directors, even though that use of funding is both improper and illegal.

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