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Children in Need Grants - Applications Now Open for Charities and Not-for-Profit Organisations | VCAT

Children in Need Grants - Applications Now Open for Charities and Not-for-Profit Organisations | VCAT | Fundraising | Scoop.it
Children in Need Grants- Applications now open for children's charities and not-for-profit organisations: http://t.co/xvZHpdaYQg #funding
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Food banks report growth in usage

Food banks report growth in usage | Fundraising | Scoop.it
More people are turning to food banks since welfare reforms were introduced in April, the charity which runs them says.
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World's first undergraduate degree in fundraising to start in 2014

World's first undergraduate degree in fundraising to start in 2014 | Fundraising | Scoop.it
The University of Chichester is to offer the world's first undergraduate dgree in fundraising from September 2014.
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Charity baking: is food the future of philanthropy?

Charity baking: is food the future of philanthropy? | Fundraising | Scoop.it
Amateur bakers are using their skills to help needy children. What motivates them, and is it more than a fad? (Charity baking: is food the future of philanthropy? - Amateur bakers are using their skills to help needy children...
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How not-for-profits can combat fraud

How not-for-profits can combat fraud | Fundraising | Scoop.it

Not-for-profits can be vulnerable to fraud because of their tendency to place extensive trust in their employees. At organizations where preventive fraud controls may be lacking, strong detective controls are important in combating fraud...

The nature of not-for-profit organizations can make them vulnerable to fraud.

Not-for-profits often have religious affiliations, and their missions often are to do good for less fortunate people. This do-good culture can make not-for-profits susceptible to placing a greater trust in their employees than for-profit businesses.

“Trust is not an internal control,” warned Gregory Capin, CPA, a partner at CapinCrouse LLP in Atlanta.

“As soon as there is unbridled trust, the environment is ripe for illegal activity,” said Nancy Young, CPA, a senior manager with the business assurance services group at Moss Adams in Portland, Ore.

Capin and Young spoke last week at the AICPA Not-for-Profit Industry Conference in Washington, where fraud was a frequent topic of discussion. Problems not-for-profits encounter include:

Low pay in the not-for-profit sector can cause employees to rationalize fraudulent behavior because they may think they could make more money at a for-profit company and therefore feel entitled to compensation that is not rightfully theirs.A lack of segregation of duties, which is an important preventive control, because staffs can be small and resources scarce.Accounting systems that don’t have robust abilities to limit access of employees to functions that are related to their own duties. Susceptibility to management override of controls.Reluctance by management to implement appropriately severe corrective controls because of a culture of forgiveness that can exist at not-for-profits.


These factors—as well as the trust factor—mean that not-for-profits need to be especially attentive to the topic of fraud.  

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Kristofer Craig is fundraising on JustGiving for Nordoff - Robbins Music Therapy (Scotland)

Kristofer Craig is fundraising on JustGiving for Nordoff - Robbins Music Therapy (Scotland) | Fundraising | Scoop.it
Help Kristofer raise money for this great cause. (RT @TheKraig: I'm fundraising for @tartanclef using @JustGiving.
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