Remove Blog Remove Ethics Remove Policies
article thumbnail

How to Improve Your Internal Controls to Minimize Audit Findings

Blackbaud

Strong internal controls promote financial transparency and accountability, demonstrating that funds are being used ethically and effectively. Your control activities are the specific policies and procedures you implement to mitigate risks and achieve organizational objectives, such as spending limits on your purchase cards.

article thumbnail

Understanding Endowments: Purpose, Protection, and Stewardship

Blackbaud

Respecting those intentions is both a legal and ethical obligation. In this blog post, you’ll get a breakdown of what endowments are and why it’s important for your financial team to understand those obligations to your donors and to your organization’s long-term financial stability.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Conflict of Interest Guidelines Every Grantmaker Should Follow

Blackbaud

This is why you need a conflict of interest policy. When youve documented and implemented a strong conflict of interest policy, you protect your team, ensure ethical decision-making, and strengthen your reputation among grantees and stakeholders. And so, in practice, its being able to say we have a policy.

article thumbnail

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

Blackbaud

Hire a cybersecurity specialist to conduct penetration testing, also known as ethical hacking. Following a standard expense reimbursement policy may be a more secure process. Set internal policies restricting the amount employees can spend on a credit card without prior approval from a superior.

article thumbnail

The 2025 GrantSummit: Now More Than Ever!

Grant Professionals Association

The world of grants is constantly evolving, reflecting changes in government policies, funding opportunities, and emerging trends in nonprofit management as well as in the societies we serve. Now more than ever, we must work together to traverse this government funding landscape and learn how best to assist our organizations.

article thumbnail

The Status of Fundraising 2025: Global Research Insights on Fundraising in the AI Era

Blackbaud

These findings highlight the importance of income stream diversification with individual giving at the forefront, as government grants are subject to policy changes and fluctuations. Addressing these issues through robust AI policies, which are slowly being adopted, will be crucial for ethical and responsible use of AI.

AI
article thumbnail

More Than a “Hallmark Holiday”: What International Grant Professionals Day (IGPD) Means to Me

Grant Professionals Association

We are committed to a code of ethics, and there is a culture of learning as we grow and improve in our craft. Author Bio: Michael Weinrauch is a grants specialist operating Marysville Grants Consulting and a member of GPA Chapters in Canada and Kentucky as well as the GPA Ethics Committee. P is for being problem-solvers.