42. Risk Management for Nonprofits Best Practices to Prevent Financial Crisis Identify Risk Ranks Risk Identify Policies to manage risk Implement protections Implement procedures in event of crisis
43. Risk Management â D&O Insurance Directors & Officers Insurance Protects the Board and Key Staff
45. Handouts â 10 Ways to Catch Fraud and Mistakes from Outside Handout â 15 Ways to Minimize Employee Fraud Risk Management - People Poor economy has resulted in an increase in criminal conduct against nonprofits Embezzlement by employees Embezzlement by officers Fraud from âoutsidersâ Phrase of the Day â âTrust But Verifyâ
55. Has Your Status Been Revoked? Google: ârecent IRS revocationsâ http://www.irs.gov/charities/charitable/article/0,,id=141466,00.html Comprehensive List of âAutomatic Revocationsâ (organized by state)http://www.irs.gov/charities/article/0,,id=240099,00.html
74. Any Questions? Thank you for your attention! Miriam Robeson, Attorney Todayâs materials are available on Miriamâs Website: http://blog.lawlatte.com/index.php /upcoming-workshops/