The Chronicle of Philathropy reports that the Senate Finance Committee is questioning whether the trustees of a group of 12 Oklahoma charitable trusts worth $1.6-billion deserve to be paid more than $5-million a year. According to the Chronicle: Sen. Charles Grassley, the Iowa Republican who chairs the committee, raised questions about the reimbursement of Ms. Bell — who is paid at least $1.4-million annually to act as trustee — and the Bank of Oklahoma, which receives at least $3.9-million to act as the other trustee, according to the most recent tax returns filed by the trusts. Many of the questions focus on how trustees' fees were set, and the justification for paying them that much. (subscription required)