A coalition of more than 40 nonprofit organizations led by The Council on Foundations has called on the U.S. Department of Treasury to withdraw its "Anti-Terrorist Financing Guidelines:  Voluntary Best Practices for U.S.-based Charities" (rev. Nov. 2005).  In response to the Treasury Department’s invitation for public comments to propose alternative guidelines, the coalition recommended replacing the Treasury’s guidelines with its own Principles of International Charity submitted to the Treasury Department in March 2005.

Read the February 21, 2006 press release from The Council on Foundations here.