EXPERT ADVICE
Since it takes an average of two years to detect fraud , ample time for an organization to suffer a significant loss, greater vigilance is necessary in order to detect fraud in its early stages. Here are steps nonprofits can take to detect and prevent fraud. MORE
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December 12, 2013 — The Philanthropy Connection, an organization of women in the Greater Boston area that formed earlier this year to raise funds for nonprofits in the region, and to connect women to nonprofit boards, announced that it has granted $26,000 to each of five organizations. MORE
December 10, 2013 — A former president of the Cape Cod chapter of Disabled American Veterans, based in Hyannis, has been indicted in connection with allegedly stealing approximately $125,000 from the charitable organization, Attorney General Martha Coakley announced yesterday. MORE
December 8, 2013 — The Natural Resources Trust of Easton, a nonprofit based in North Easton that educate the public on natural and cultural resources and preserves land to benefit the public, announced that it has been awarded a $35,000 grant from the 3M Foundation. MORE
December 5, 2013 — Helping Our Women, a nonprofit based in Provincetown that serves women with chronic, life threatening, or disabling illness in Provincetown, Truro, Wellfleet, and Eastham, announced that Nancy T. Lynch is now serving as its new executive director. MORE
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December 12, 2013 — United Way of Central Massachusetts, based in Worcester and serving 30 cities and towns, announced that it recently awarded $50,000 to 16 local agencies that are undergoing small capital improvements within their organizations. MORE
December 9, 2013 — Green Mountain Coffee Roasters recently awarded $288,500 in grants, ranging from $8,000 to $50,000, to 14 Boston area nonprofits that support sustainable food systems and education, and work to end homelessness, among other issues. MORE
December 8, 2013 — Merrimack Education Center, a Chelmsford-based nonprofit that provides educational and technological resources for schools, cities and towns, and nonprofit organizations, announced that it has named David Hastings as its executive director. MORE
December 6, 2013 — Approximately 370 Massachusetts nonprofits participated in Giving Tuesday this week—a five-fold increase over last year, better than the three-fold increase in participation at the national level—but with fundraising results varying significantly, bolstered by the Citizens Bank Foundation donating $357,500 to 15 organizations. MORE
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December 5, 2013 — Needing to put itself on a stronger financial path, the Old South Church in Boston’s Copley Square decided a year ago to divest itself of non-producing assets, and this week learned that the sale of an old book—but not just any old book—will bring it more than $13 million. MORE
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