Federal Agencies
Treasury Secretary Scott Bessent details legal liability for non-profit executives
"[Nonprofits] can't just give the money away [to grantees] and then wipe your hands of it...We are going to investigate those, and it is going to go right up to the directors, and they can be held criminally liable."
Sec. Scott Bessent shares how the IRS has implemented strict, front-end reporting guidance for non-profit organizations' annual Form 990 filings.