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Building a culture of nonprofit compliance at Candid

Candid

But before receiving funds, you need to show you’re legally registered, governed by a board, and have solid financial management policies. On top of that, there’s a lengthy contract to review and sign. Our SOC 2 audit required us to refine our policies and plans for responding to incidents or unexpected events.

Policy 105
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Using data to make LGBTQ+ elders and their needs visible 

Candid

What public policies are needed to address the unmet needs of our constituents? What gaps exist in government data collection on LGBTQ+ aging that is leading to gaps in policy protections and services? Direct services. Technical assistance. Analyzing data to ensure program impact and effectiveness With an annual budget of $21.8

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How do you choose a payment processor for your nonprofit?

Candid

On top of standard processing fees, some providers charge additional fees for setup, training, contract closure, and early termination. Examine each processor’s policies. As you drill down into the specifics of each payment processor you’re considering, remember to thoroughly examine each company’s policies.

Policy 104
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American Red Cross Sued Claiming Haitian Relief Funds Misused

The NonProfit Times

Within 14 counts, the plaintiffs accuse the defendants of fraudulently misrepresenting that donated funds would directly benefit the people of Haiti; breaching an implied contract; unjust enrichment; conversion / theft / embezzlement; intentional misrepresentation; civil conspiracy; negligent hiring, training and supervision; intentional infliction (..)

Funding 143
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How nonprofit boards can support a sustainable funding strategy 

Candid

Over time, the organization succeeded in growing its government funding sources, both adding new government agency funders and expanding contracts with current funders. Offer support tailored to each revenue category Many nonprofit boards have a “give or get” policy requiring each member to donate or raise a certain dollar amount.

Funding 110
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Untangling the New Uniform Grant Guidance

RBW Strategy

Objective 3: Clarifying Sections that Recipients or Agencies have Interpreted in Different Ways : While this objective does not constitute specific policy or process changes, it does help to diminish confusion when questions are raised. This has led to a more robust definitions section and ensures a lack of ambiguity.

UEI 130
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How to Improve On-Time Tuition Payments

Blackbaud

However, before a business officer offers flexibility, it’s essential to have rules that define the terms of tuition payment and processing and have school leadership fully support those policies. Having that contract roll from the school’s admissions software into its tuition management system helps eliminate chaos and confusion.