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New Rules for Nonprofit Governance
Audio Series:

Financial Management and Fundraising
Recorded April 11, 2007

Faculty: Dan Mulholland & Monica Hanslovan

On March 1, 2007, the Panel on the Nonprofit Sector released a draft set of 31 "Principles for Effective Practices" by charitable organizations that could well prove to be a template for a "Sarbanes-Oxley" law for nonprofits. The Panel was formed a few years ago at the behest of the U.S. Senate Finance Committee to recommend rules and practices that could assure that charities and foundations maintain the highest possible ethical standards. Some of the Panel's previous recommendations were adopted into law in last year's Pension Protection Act.

In its latest report, the Panel is seeking public comment on a set of practices that nonprofit organizations should follow relative to legal compliance, financial management, governance and fundraising. It is likely that some or all of these may be considered as the basis for future legislation at the state or federal level. And even if they are not codified into law, the principles are a fairly succinct statement of what nonprofit boards and managers should be doing in terms of running an effective operation.

Because many boards are now struggling with redefining their roles and responsibilities, Horty Springer offers this special series of three audio CDs/MP3s to examine the proposed principles in detail and to suggest what kind of specific practices nonprofit health care organizations should be following now to meet their existing fiduciary duties to the communities they serve.

Topics include:
  • Funds Management and Investment
  • Financial Records and Reports
  • Loan to Directors and Officers
  • Administrative Expenses
  • Expense Reimbursement
  • Solicitation Materials
  • Respecting Donor Intent
  • Acknowledgment of Contributions
  • Policies on Accepting Gifts
  • Training Fundraisers
  • External Fundraiser Compensation
  • Donor Privacy

Please be sure to also order Legal Compliance and Public Disclosure and Effective Governance Practices.

Audio CD or MP3 Download: $225

ORDER AUDIO CONFERENCE/MP3/CD NOW


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