First Independent Bank’s Post

Running a nonprofit? Aid the safety of your funds with Bank of Nevada’s fraud protection solutions. Learn about Check Positive Pay and third-party audits in our latest article, “4 Money-Saving Tips to Empower Your Mission as a Nonprofit Organization.” Read the full article here: https://bit.ly/4ahWc59 #CommercialBanking #Nonprofits #BankingInsights

Nonprofits rely on public and private contributions, so maintaining public confidence is crucial. Many nonprofits, especially smaller ones, are so mission-focused that they overlook the significance of strong administrative functions, increasing the risk of fraud. Discover the top 5 specific risks of nonprofit fraud and 5 proactive actions to prevent it. Safeguard your organization by staying informed and implementing these essential measures. https://lnkd.in/gvFzD-vh #nonprofit #fraud #article

Understanding Fundraising Activities: A Comprehensive Guide for Nonprofit Organizations In the nonprofit ecosystem, fundraising is vital, supported by transparency. IRS mandates ensure integrity, thwart fraud, and fortify public trust. https://lnkd.in/g6tbz9vR #FinancialBusinessGuides #communityservice #ethicalgiving #IRSrequirements

Running a nonprofit? Ensure the safety of your funds with Alliance Bank’s fraud protection solutions. Learn about Check Positive Pay and third-party audits in our latest article, “4 Money-Saving Tips to Empower Your Mission as a Nonprofit Organization.” Read the full article here: https://lnkd.in/ea3bTAKu

There are many ways fraud can be committed at a nonprofit organization. Here are four tips, based on the latest research, to help prevent fraud at your organization. https://hubs.la/Q02Hxn-D0 #FraudPrevention #Nonprofits

Unfortunately, protecting yourself from fraud has become a normal occurrence in our daily lives, and it’s no different for the life of your nonprofit. As nonprofit fraud schemes continue to evolve, it’s imperative that you stay vigilant and informed so that you don’t risk falling victim. Learn more about the different types of nonprofit fraud and how to spot them ahead of time in our newest blog post: https://loom.ly/LHUcU08 Good Steward Financial has been serving the non-profit community since 2018 | 336-347-3851 #goodstewardfinancialco #GSFC #nonprofitaccounting #nonprofitbookkeeping #virtualbookkeeping #nonprofitorganizations #nonprofits

It’s particularly important to be aware of your organization’s fraud risk at the end of the year, when donations typically increase and staff members are busy. These four steps can help your nonprofit assess important internal controls and address weaknesses to reduce your risk. https://hubs.la/Q0296YzS0 #FraudPrevention #NonprofitOrganiztions

Are you planning your nonprofit’s next big gala? Amidst the details and excitement, the #IRS rules regarding quid pro quo contributions can get lost in the mix, which can lead to penalties and mistrust with donors. Following all legal and regulatory guidelines will help protect your organization’s tax-exempt status, maintain donor trust, and pave the way for continued success in your fundraising efforts. Read more: https://bit.ly/3VAMvKw #ClientAdvisory #Nonprofit #Compliance

While most philanthropists are aware of online fraud, it’s critical to re-examine individual due diligence related to charitable giving. As scammers continue refining and improving their malicious endeavors, here’s what donors need to know. #Philanthropy #Nonprofits #CharitableGiving

Did you receive a commitment from a donor to contribute a certain amount of money or other resources to the organization over a period of time? Here’s how to recognize this type of contribution. Learn more in our latest blog: https://lnkd.in/ettmV_w9 #Donors #PledgeRecording #Trust