strategic charitable policies & procedures
If you are like many of our clients, you will find our help in establishing the policies and controls needed in a foundation setting to be invaluable. Some of the areas addressed in our review of the policies and procedures of a grantmaking organization include the following:
- Foundation policies, procedures and strategy
- Organizational structure
- Appropriate business conduct and practices
- General ledger and chart of accounts
- Security
- Technology and electronic communications
- Grant management
- Grant decision-making
- Communication with grantees
- Grant assessment
- Tax and financial compliance and reporting
- Cash management and planning
- Budgeting
- Comprehensive policies and procedures manual, including but not limited to:
- Investment policies
- Expenses and cash disbursements policies
- Grant and other cash disbursements
- Record retention