October, 2023
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Unusual Grants and Public Charity Status
Did your organization just receive a large and unusual grant? Are you worried this could jeopardize the organization’s public charity status? Read more to learn about an IRS private letter ruling on this topic!
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Does your Nonprofit Need an Investment Policy Statement (IPS)?
As a best practice, nonprofits should have policies and procedures for investments and reserves, but many we talk to don’t know where to start. Have you recently heard any statements like these: “We should invest in cryptocurrency…there’s real opportunity for growth there!” “I’ve got a guy who can help us make a lot more money on […]
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Be Prepared for Increasing Cybersecurity Challenges in your Nonprofit
Recently, a nonprofit hospital system out of San Diego lost revenue of nearly $92 million due to a cyber breach. Scripps Health, which operates as an integrated health care delivery system, also incurred an additional $21 million of expenses for the resulting incident response and recovery. This cyber-attack created a substantial disruption in patient care […]