Grantmakers Without Borders sent a letter to the Treasury Department on Dec. 22 strongly urging withdrawal of the third verson of its voluntary anti-terrorist financing guidelines. In a press release GWOB said: Gw/oB's members fund international projects of hope and opportunity in vulnerable communities. Dedicated to the eradication of poverty and the promotion of social justice, Gw/oB's member organizations often support grantees that act as positive counter-points to terrorist influences. However, the suggested practices within the Guidelines would force Gw/oB's members to divert their limited financial and personnel resources from proven best practices in due diligence and instead engage in unproductive information gathering that ultimately distracts from their philanthropic mission. At the end of the day, the Guidelines ultimately fail to further their stated purpose, "to assist charities that attempt in good faith to protect themselves from terrorist abuse" and should be withdrawn. See the entire GWOB letter here and as similar letter sent by a group of 40 charities, including OMB Watch here.