Ensuring board diversity has taken on new urgency recently as leaders have more fully recognized the value of including more women and people of color in the boardroom. When boards don’t reflect the communities or populations they serve, they risk becoming stagnant and missing opportunities for growth and funding.
But just recognizing a need for diversity doesn’t make it happen. Building a diverse board requires a mindful, dedicated approach. Here are four ideas to help you cultivate diversity on your board: (more…)
There’s a soft spot in many hearts for nonprofit organizations as they pursue their worthy cultural, scientific, civic, medical, social, and recreational missions. So, it’s especially upsetting when nonprofits are the targets of fraud, and doubly sad when the perpetrator is an employee.
According to the Association of Certified Fraud Examiners Report to the Nations: 2020 Study on Occupational Fraud and Abuse, occupational fraud—which is fraud committed by employees against employers—is among the costliest types of financial fraud. The organization estimates that 5 percent of revenues are lost to fraud each year. (more…)