The Chronicle of Philanthropy

Senate Commitee Reviews Oklahoma Trustees' Pay

By Harvy Lipman

Washington

The U.S. Senate Finance Committee is questioning whether the trustees of a group of 12 Oklahoma charitable trusts worth $1.6-billion deserve to be paid more than $5-million a year.

The committee's action comes as some state regulators and others have suggested the need for changes in the way the federal government oversees fees...

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