[Congressional Record Volume 147, Number 153 (Wednesday, November 7, 2001)]
[House]
[Page H7880]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CHARITABLE DONATIONS FOR SEPTEMBER 11 ATTACK VICTIMS
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from Florida (Mr. Stearns) is recognized for 5 minutes.
Mr. STEARNS. Mr. Speaker, today the Subcommittee on Commerce, Trade
and Consumer Protection had a hearing where we listened to the new
chairman of the Federal Trade Commission, Mr. Tim Muris, and we talked
about a lot of issues that are under his control. On the previous day,
we had a hearing of the Subcommittee on Oversight and Investigations in
which the chairman did an excellent job dealing with questions of the
charities that have been created as a result of the September 11
catastrophe.
The outpouring of support from Americans is truly magnanimous since
this tragedy. But we have to be sure that the contributions that are
made expressly for the purpose of aiding fellow Americans in the wake
of these attacks are used for the right purpose. In my home State we
had Hurricane Andrew, which was a major catastrophe, a calamity; and we
had the same type of outpouring of contributions that were given to
help the victims of that hurricane, and, likewise, since September 11
we have had the same thing occur here in this country.
Americans regularly give to charities. A recent study in the
Washington Times indicates that the average household gives about
$1,600 or 3.2 percent of their income to charities. In addition, about
$1 billion has been donated for relief efforts. The outpouring of
donations since the attack provides further evidence of the desire and
instinct of Americans to help their fellow man.
{time} 1345
That is a given.
But, Mr. Speaker, the problem is a lot of these charities are keeping
these monies, they are not distributing it, and there are roughly
50,000 people that are unemployed up in New York because of the
September 11 calamity. And with the 5,000 people killed, there are
roughly 7,000 children without parents. So we need these charities to
step forward and to go ahead and distribute this money as quickly as
possible.
Earlier this year, and recognizing the vital roles of charity,
especially charitable foundations, I introduced legislation to abolish
an antiquated excise tax that not-for-profit foundations pay on their
net investment income. I am hopeful my colleagues will support this and
it will be part of the stimulus package, because if we do not have this
antiquated excise tax on the not-for-profit foundations, they will have
more money to distribute.
As I mentioned earlier, Mr. Speaker, Americans are very generous in
their donations, and yet we hear stories of people saying they went to
ground zero and went to the various charitable organizations and lo and
behold they could not get money. A few did, but for the most part they
got very little money. So I am here this afternoon to encourage the
charities to distribute the money and realize that in the end the money
that they collected is for those 50,000 people unemployed who cannot
make mortgages and those roughly 7,000 children that are without
fathers and mothers.
Let me conclude by saying that the FTC, in the hearing we had today,
indicated in testimony that their findings are that fraud cases are few
and far between. So while there has been some talk about these
charitable organizations as scam activities, from what the FTC chairman
has seen, these frauds are few and far between. And I am heartened and
pleased to hear the agency is aggressively monitoring and investigating
any attempts of fraud within charities to take advantage of the
September 11 occurrence.
We need to highlight here in the House and the Senate how important
it is that we show confidence in these charities, but at the same time
the charities need to show and demonstrate that they are helping by
distributing the money.
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