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What Are the Roles and Responsibilities of a Nonprofit Governing Board?

Grant Writer Team

The board approves budgets, reviews financial reports, and ensures proper controls are in place to keep finances in check. Risk Management From finances to reputation, the board identifies and mitigates risks. Governance & Ethics Boards set policies that keep operations ethical, legal, and mission-aligned.

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Mitigating Fraud at Your Not-For-Profit: Lessons Learned

Blackbaud

During the recent webinar, Unmasking Fraud in Not-for-Profits: Five Key Schemes and Five Preventive Steps , we engaged with hundreds of accounting and finance professionals from not-for-profit entities across the country. Hire a cybersecurity specialist to conduct penetration testing, also known as ethical hacking.

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More Than Fiduciary Oversight – How Board Members Can Support the Grant Writing Team by Megan Campbell, MPA, GPC

Assel Grant Services

According to BoardSource , the board [of directors] is responsible for ensuring that the organization is appropriately stewarding the resources entrusted to it and following all legal and ethical standards. Understand the issues that could impact their nonprofit agencys finances (e.g., braided funding strategies, direct v.

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Does a Moral vs. Ethical Distinction Matter?

Grant Professionals Association

I've had many careers over the past 30+ years and in all of them, the companies and professions have defined codes of ethics. But even with these guidelines that all employees had to agree to, I've encountered quite a few situations where I've been asked to do something I thought was questionable from an ethical or moral standpoint.

Ethics 52
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A Newcomer’s Perspective on Ethical Grant Spending

Grant Professionals Association

The grantee coordinated with the finance department and the grantors to make sure everyone was on the same page. Ethics in the grant world can be subjective. We need to consistently return to GPA’s guidance and resources to assist us with ethical judgement calls. Or what if it is located in Hershey, PA—the Chocolate Capital?

Ethics 59
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Due diligence is a two-way street

Strategic Grants

On occasions donations may be reconsidered after they have been accepted, particularly when a donor’s finances, priorities or behaviour changes, or when due diligence was not undertaken in the first place and new information comes to light. Ethics Check : Verify alignment with your organisation’s mission and values.

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Ending the Overhead Myth — and Moving Toward a Solution

Tech Soup

The letter asks nonprofits to do three things to move toward an overhead solution: Demonstrate ethical practice and share data about your performance. The BBB Wise Giving Alliance’s Standards for Charity Accountability has recommended practices on governance, finances, fundraising, and more. Three Steps to an Overhead Solution.

Finance 79