Subject: Bills no 944, no945 

Date:    11/17/97 9:15 AM
     
     
RE File No. S7-26-97
     
As the development director of a non-profit organization, I am puzzled 
about the benefits or reasoning behind these 2 bills.  Certainly, the 
publication of the names of the organizations which a publicly traded 
company support would let shareholders understand the charitable philosophy 
of a corporation.  For what purpose?  I am not sure that the business 
acumen of a company and its charitable philosophy have any connection. The 
feasibility of shareholders participating in the selection of the 
charitable organizations which a company supports is preposterous. 
Educating the decision making employees of publicly traded corporations 
about an agency's mission is already a daunting task. Multiply that by 
thousands and what do you have?  A slowed-down system which will serve to 
only hurt the beneficiaries of the charitable organization. We would have 
to add un-needed staff just do be able to educate shareholders.  Not a good 
use of already stretched non-profit funds.
     
I am against this bill.
     
Thank you for considering this input.
     
Paige Flink
Development Director/Interim Executive Director
The Family Place, an agency serving victims of domestic violence