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BBB Wise Giving Alliance Official Appointed to FASB Advisory Body

7/27/2010

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Out of a pool of over 125 nominations, Bennett Weiner, Chief Operating Officer of the BBB Wise Giving Alliance, was selected to be part of a new Financial Accounting Standards Board (FASB) advisory committee.  

FASB, which is the designated organization in the private sector that establishes standards for financial accounting and reporting, has appointed Mr. Weiner to be part of a new 17-member Not-for-Profit Advisory Committee (NAC.)  The NAC will serve as a standing resource in obtaining input from the not-for-profit sector on existing financial reporting guidance and other projects. 

The BBB Wise Giving Alliance is pleased and honored to have a representative participate in this important body and looks forward to assisting this effort to strengthen FASB’s standard-setting activities. 

About the BBB Wise Giving Alliance
The BBB Wise Giving Alliance produces reports on over 1,200 nationally soliciting charitable organizations. The BBB Wise Giving Alliance does not rank charities but rather seeks to assist donors in making informed judgments by providing objective evaluations of national charities based on 20 strict standards. The outcomes of the evaluations – or BBB Wise Giving ReportsTM – are available online at www.bbb.org/charity. The BBB Wise Giving Alliance is an affiliate of the Council of Better Business Bureaus.  

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