Nonprofit Issues Newsletter, October 2021
Resources for Year-End Planning
The end of the year is rapidly approaching, and that means a flurry of additional tasks and considerations for busy nonprofits and churches.
We’ve compiled these resources to help as you plan for the end of the year and look to the year ahead.
What We’ve Learned from Recent Cyber Breaches
Organizations are plagued with cyber threats. With incidents now a matter of when, not if, it’s important to understand the current trends in cyber breaches to properly focus on and invest in cybersecurity and tighten your cyber defenses against the top risks.
Here are four key lessons from recent breaches.
Privacy by Design for Nonprofits
As organizations, including nonprofits, adopt new technologies, services, and business operations, they must be proactive about their data policies and practices to assure individuals their personal data is safe, and likewise reduce the likelihood of data loss, unauthorized disclosure, or misuse.
Learn about the seven key principles of Privacy by Design and how they can benefit your organization.
Pulse Check: Is It Time To Update Your Spending Policy?
Most financial experts advise sticking to your plan during tumultuous financial times and embracing volatility. However, the events of the past year have shed light on some reasons why an organization might consider updating its spending plan.
This article provides examples of scenarios that might trigger a policy revision and best practices your organization can apply.
Fraud in the Church Project
A recent Church Law & Tax survey of more than 700 church leaders found that nearly one-third serve in congregations that have suffered from some form of financial misconduct.
Church Law & Tax’s Fraud in the Church Project, which CapinCrouse Partner Nathan Salsbery contributed to, provides findings from the survey and informative content to help churches protect against fraud. Learn more here (subscription required).
Join Us for These Upcoming Webcasts
Don’t miss these free, informative webcasts! Click on a link to learn more and register.
- How to Budget for 2022 – Four Ways to Connect Vision to Ministry – Joe Park, CEO of Horizons Stewardship, and CapinCrouse Partner Stan Reiff will discuss a practical approach to church budgeting. Monday, November 8 at 2 p.m. EST.
- Data Management: Developing a Strategy for Success – During this CapinTech Cyber Series webcast, CapinTech Partner Allison Davis Ward will review baseline controls and advanced protections to help you successfully manage and secure your organization’s data. Wednesday, November 10 at 1:00 p.m. EST.
- Password Management and Authentication Security – Gain practical password management and authentication security tips during this CapinTech Cyber Series webcast with Allison Davis Ward. Wednesday, December 1 at 1:00 p.m. EST.
- 2021 Nonprofit Tax Year-End Review – Mark your calendar and plan to join us as Tax Counsel Chris Purnell and Senior Manager Daren Daiga review the important changes taking place in exempt organization tax. Thursday, December 16 at 1 p.m. EST. Details and registration available soon.
Congratulations to Emily Alfano, Servant Leader Award Winner
Emily Alfano, a Senior in our West region, has received our quarterly, peer-nominated CapinCrouse Servant Leader Award for living out the firm’s Vision, Mission, and Values.
We appreciate Emily and all that she does for the firm and our clients every day.
Cybersecurity Awareness Month
October is Cybersecurity Awareness Month, and we’ve been sharing helpful resources and practical tips on social media. Follow us on LinkedIn, Twitter, Facebook, and Instagram for additional resources year-round.
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