Nonprofits Industry
Bush signs American Red Cross governance overhaul bill.(ON VOLUNTEERS)(George W. Bush)
Non-profit Times, The, June, 2007
President George W. Bush has signed legislation that will allow overhaul of the governance structure of the American Red Cross, which is federally chartered, as part of a wide-ranging change in operations at the charity.
"The American Red Cross is very grateful to President Bush, members of Congress, our Governance Advisory Panel, other nonprofit and for-profit governance experts and the entire Red Cross family for their outstanding support throughout this transformational process," said Bonnie McElveen-Hunter, chairman, American Red Cross.
The Red Cross last year initiated a comprehensive assessment of its governance structure that resulted in a 156-page report entitled, "American Red Cross Governance for the 21st Century." Based on the report and...
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