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How to Improve Your Internal Controls to Minimize Audit Findings

Blackbaud

Financial Accountability: Donors, grantors, and the public trust nonprofits to manage their finances responsibly. Strong internal controls promote financial transparency and accountability, demonstrating that funds are being used ethically and effectively.

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How organizations are advancing digital financial inclusion

Candid

Their deep roots in local contextsand long-standing connections, understanding, and trust among the populations they serveposition them to make digital finance more inclusive, relevant, and accessible. Increasingly, theyre taking on more dynamic roles: designing tools, shaping implementation strategies, and informing policy frameworks.

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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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Understanding Endowments: Purpose, Protection, and Stewardship

Blackbaud

Respecting those intentions is both a legal and ethical obligation. The Role of Spending Policies Organizations establish spending policies to ensure that endowment funds are used wisely. Spending policies must be thoughtfully evaluated by the organization’s leadership and board and reviewed each year.

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4 Ways to Unlock the Potential of Your Nonprofit Finance Team to Become World Class

Blackbaud

A good finance team will make sure bills are paid on time, reports are accurate, and the Board of Directors has access to the current financial statements. A good finance team will help you stay where you are. A good finance team will help you stay where you are. A world-class finance department will help you evolve.

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

Blackbaud

In today’s challenging economic and political environment, the social impact sector is facing increasing pressures related to finances, resources, and tools. Addressing these issues through robust AI policies, which are slowly being adopted, will be crucial for ethical and responsible use of AI.

AI