Financial Management
Vanguard Foundation Update: With Leader Pleading Guilty, “Truth and Reconciliation”?
Rick Cohen provides thoughts about the fall of the Vanguard Foundation and the impact on the nonprofit sector.
Get the Most Value from Your Audit
Audits are expensive in terms of money, staff time, and board attention. CPA Dennis Walsh tells us how to wring the most value from them.
Outsource Your Bookkeeping!
Outsourced accounting — having the accounting done by an outside person or firm — isn’t new, but it is getting a second look as nonprofits search for ways to cut office costs.
Lucky 7: The Casino Industry and Philanthropy
Is it worth going all-in on casino philanthropy? Only if you know when to lay the odds and when to take the odds.
Nonprofit Bookkeeping Test
This 21-question quiz samples from general bookkeeping knowledge as well as nonprofit bookkeeping and compliance matters. Use this assessment test as part of your hiring toolkit as well as for identifying staff training needs.
Meaningful Budget Work by the Board
The board has some important perspectives to bring to the discussion of the budget. Here some questions that take advantage of the board’s diverse community perspectives and the finance staff’s knowledge and skill.
A Board-Staff Agreement for Financial Accountability
Use this helpful template, and a discussion on the finance committee with the ED and the finance staff to clarify roles around accountability.
Three Easy Ways for Foundations to Support Democracy
Pablo Eisenberg shares some reforms that speak to democracy in the United States, and that would be pretty easy for foundations to do.
Eight Strategic Mistakes with Memberships
Eight strategic errors nonprofit organizations often make that stand in the way of “smart growth” in their membership numbers.
Our Executive Director is Embezzling
It’s the call no board member wants or expects to get: The organization’s executive director is being investigated for embezzlement.