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Disclosure Obligations by Federal Grantees (FAR v. OMB)

As a matter of best practice, nonprofits should disclose credible evidence of any violations of any federal criminal law to the Office of Inspector General of their grant-making agency in accordance with the higher standard required under the Federal Acquisition Regulation, despite only being legally required to provide actual violations under the Uniform Guidance.

DOL Final Rule on Paid Sick Leave for Employees of Federal Contractors

The DOL Final Rule on sick leave for federal contracts will NOT apply to most nonprofits because grants and cooperative agreements are not covered. However, as the Rule does apply to subcontracts, nonprofits should review their sources of federal funding to ensure that they are not covered.

For the First Time in 20 Years New FASB Standards Adopted

On August 18, 2016, the Financial Accounting Standards Board (FASB) issued a new Update intended to simplify and improve how a nonprofit classifies its assets, investments, expenses, resources and cash flows. You may know FASB from your accountant or auditor – these are the standards that dictate accounting practices and therefore the way your organization tracks its financial position.

The Semifinalists for the 2016 New York Community Trust Nonprofit Excellence Awards are…

Release Date: August 2, 2016
Press Releases | NPCC

The New York Community Trust Nonprofit Excellence Awards Program, in its 10th year, announced the nonprofit organizations in New York City and Westchester that have been chosen as semifinalists for $60,000 in prizes and prestigious scholarships.

2016 New York Community Trust Nonprofit Excellence Awards

The 2016 New York Community Trust Nonprofit Excellence Awards are underway in partnership with The Trust and Philanthropy New York, sponsored by WNYC, and supported by The Clark Foundation and RSM US.

The Awards provide applicants with an in-depth review of their management practices in Eight Key Areas of Nonprofit Excellence that are nationally-recognized.

CRE Announces 2016 CRE Rising Fund Awardees

Community Resource Exchange (CRE) announced the five nonprofit awardees of the CRE Rising Fund, a pro bono consulting initiative now in its second year. The awardees cover a broad range of impact areas, from services for Muslim women and children and the LGBQT community, to entrepreneurship and emerging technology education programs.

“Diverse Board: Moving Beyond Rhetoric” Panel – Recap

On Tuesday June 21, NPCC and Philanthropy New York held a joint panel on “Diverse Boards: Moving Beyond Rhetoric.” This panel delved deeper into the diversity and inclusion conversation that was featured during NPCC’s Annual Meeting this past March.

Recapping #Path2Excel: Excellence in Governance

Ann Marie Thigpen - Director of Center for Nonprofit Leadership at Adelphi University and former member of the Nonprofit Excellence Awards Selection Committee

In conversation about boards, we inevitably gravitate towards the “F” words – finance and fundraising, but an effective board’s role and responsibilities go far beyond a fiduciary one.

Nonprofits Could Soon Be Exempt from Donor Disclosure

The House on Tuesday passed a bill that would bar the Internal Revenue Service from forcing tax-exempt nonprofit organizations to disclose the identities of their contributors to the IRS.
Source: House Passes Bill to Exempt Nonprofits From IRS Disclosure Rules - Morning Consult

Introduced in April by Rep.