TARGET: SUPPORTING ORGANIZATIONS

David T. Leibell and Daniel L. Daniels of Cummings & Lockwood LLC in Stamford, Conn., have this report: Momentum is building to gut the Type III supporting organization. Supporting organizations in general and Type IIIs in particular were bashed during recent hearings in the Senate Finance Committee. The press has long been beating the drums about potential donor abuse of SOs, with The Wall Street

David T. Leibell and Daniel L. Daniels of Cummings & Lockwood LLC in Stamford, Conn., have this report:

Momentum is building to gut the Type III supporting organization. Supporting organizations in general and Type IIIs in particular were bashed during recent hearings in the Senate Finance Committee. The press has long been beating the drums about potential donor abuse of SOs, with The Wall Street Journal publishing “Gimme Shelter: the SO Trend: How to Succeed in Charity Wi

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