How might the current upheaval in the banking industry impact small or medium nonprofits? What actions could nonprofit leaders take to help minimize the risk?
On today's episode, Tim and Nathan explore the current challenges in the banking industry and look at the possible impact on nonprofits. They also propose 3 overarching actions that could be taken to minimize the risk to your organization.
Note: Tim and Nathan are not financial advisors, attorneys, or accountants. Information shared on this podcast should not be taken as financial advice and listeners should seek out professional financial advisors or experts before making decisions about an organization's financial accounts.
The Hosts of The Practice of NonProfit Leadership:
Tim Barnes serves as the Executive Vice President of International Association for Refugees (IAFR) and can be contacted at tim@iafr.org.
Nathan Ruby serves as the Executive Director of Friends of the Children of Haiti (FOTCOH) and can be contacted at nruby@fotcoh.org.
All opinions and views expressed by the hosts are their own and do not necessarily represent those of their respective organizations.