11 Tips To Limit Fraud At Your Nonprofit

Unless someone develops a way to stop humans from having feelings of greed, nonprofit leaders are going to have to continue to be vigilant about fraud prevention. At a recent AICPA Not-for-Profit Industry Conference, the best ways to do this were discussed.

At the conference, Mitchell Lewis, David McRoberts and William Mellon said that while it is nearly impossible to stop fraud, there are ways to reduce the chances it will happen to you and to limit the damages if it does. They said that one of the main causes of fraud is a work environment where lack of oversight and too much trust are rampant.

With that in mind, Lewis, McRoberts, and Mellon offered five suggestions for organizations to practice:

• Fraud governance structure, including tone at the top, a zero tolerance policy, documented fraud policy statement and a code of ethical behavior.
• Regular education and training.
• A fraud tip line.
• Completion of a fraud assessment to identify fraud exposures and related events that require mitigation.
• An investigation and response reporting process.

In terms of specific anti-fraud controls, they suggested:

• Vendor bidding process;
• Completion of background and reference checks;
• Dual signatures and levels of approval;
• Segregation of duties;
• Mandatory vacations; and,
• Internal audits and use of Computer Assisted Audit Techniques (CAATs).

Featured Nonprofit Job: Consultant For Fundraising, Director Of Development

The American Board of Addiction Medicine (ABAM) Foundation, located in Chevy Chase, Md., is looking to hire a Consultant for Fundraising, Director of Development. Interested? Read on for more details.

The chosen candidate for this position will plan, develop, execute and manage a comprehensive marketing and development program that will meet the philanthropic needs of the organization. The Director of Development is responsible for all of The ABAM Foundation’s fund-raising operations and results.  The successful candidate must have the energy and ability to articulate the vision of the organization and to shape a philanthropy program that supports that vision.

An ability to successfully lead team members is also required, as the position will require you to supervise at least one part-time assistant.

The preferred qualifications applicants should have include:

• Minimum of 3 – 10 years’ experience ( or recent graduate from a university Development Program.
• B.S. or B.A. Degree.
• Demonstrated success in meeting fundraising goals.
• Experience in conducting annual fundraising and capital campaigns, and expediting planned giving. 
• Background of collaborating with physicians, medical education, health care systems, and grateful patients: useful but not necessary.
• Strong history of board and volunteer involvement.

You can find out more about this position by visiting the NPT Jobs Career Center.

Redesigned Resource Marketplace Now Online

The NonProfit Times' Online Resource Marketplace has long been a place where nonprofits can find great services to enhance their organization. With our just-launched redesign of the page, it will be even easier to find what you need.

The major change you will notice is that all of the resource categories have been organized into sections based on their area of focus. For example, the Online Fundraising category has been placed into the Fundraising Services section. Each of these sections can be easily browsed with a simple click of the mouse.

Sections will collapse into drop-down menus when clicked, allowing you to browse the relevant categories

One of the other changes you will see is largely cosmetic but is very important for clients who list their services on the Marketplace. Advertisers who have purchased a Gold or Silver listing with us will have their postings highlighted with the appropriate color, giving it extra recognition. For more information on the differences between a Gold, Silver, or Basic listing, contact Mary Ford at 973-401-0202 x206

A gold listing on the Online Resource Marketplace.

We hope that you enjoy the redesign of the Resource Marketplace. We are always open to feedback, so let us know if you have any suggestions or concerns.

Take Advantage Of Sizzling NPT Summer Savings

Update: There are just over four weeks left to take advantage of this deal. Place your order now before time runs out!

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There is a reason The NonProfit Times has been the leading publication for the nonprofit sector for over 20 years. Through insightful reporting of the latest news and trends in the world of nonprofits, this valuable resource has been used to keep organizations ahead of the curve.

If your organization does not already receive a copy of the magazine, now is your chance to take advantage of a new summer special on subscriptions. For a limited time only, you can subscribe to a full year of NPT in both print and digital forms for just $49.95 (usually $59.95) and, for no additional price, you will receive a copy of our 2013 Best Nonprofits to Work For report. Finally, all customers who take advantage of this offer will be signed up to get our companion NPT Weekly eNewsletter, which highlights the latest nonprofit news.

You can view a sample of NPT Weekly by clicking here.

This deal is only for the summer so take advantage of it before it's too late! The last day to place your order is September 15th.

Featured Nonprofit Job: Development Director

The United Negro College Fund (UNCF) in Indianapolis, Ind., is looking to hire a Development Director. Interested? Read on for more details on this featured nonprofit job.

The chosen candidate for this position will be responsible for assisting the Regional Development Director in the implementation of action plans developed with the national office; reaches target for assigned area in raising funds to support the 37 member institutions and serves as an ambassador for UNCF.

Other duties include:

• Identify and recruit campaign leaders and Advisory Board members and create a formal campaign organization strategy.
• Establish and maintain liaison with volunteers.
• Develop and submit solicitation proposals; design, develop, and implement special fundraising events.
• Assist the Regional Development Director in establishing local campaign goals, including planning and implementing campaign strategies consistent with UNCF national action plans and policies.

Qualified applicants will have a Bachelor's degree in a related field and at least 5-7 years of fundraising experience. You can find more information about this job by visiting the NPT Jobs Career Center.