...into the art of the con-profit. I'd like to pay homage to a fallen hero who once tried to slay this dragon.
In 2003, Senator Paulette Irons proposed LA Senate Bill 780:
It would have neutered the larger con-profits (any 501c3 who received a line item appropriation of 250k +). Had it passed, 780 would have required these particular non-profits to have their financial information subject to public record.
What a splendidly, pregnant idea.
Unfortunately, the bill was aborted before it made it out of Senate Committee.
What cruel and heartless butcher would have killed such a beautiful, innocent, unborn bill?
Believe it or not...and I swear I'm not posting this per the election cycle....I've been told it was none other than Sen. Jay Dardenne.
Now why on earth would Mr. Dardenne have opposed such a bill? A simple act which could have increased transparency in Louisiana government in orders of magnitude.
What on earth could this bill have exposed? Hmmm.
Regardless, kudos to Mrs. Irons for her valiant effort. She must make guys like Ike Spears sphincterifically nervous....perhaps.