Ensuring Financial Integrity: Hiring Trustworthy Advisors for Nonprofits

ARTICLE | June 24, 2025

Nonprofits occupy a special place in society, entrusted with stewarding donations and grants to advance important missions. Recognizing this trust, countless organizations have established endowments or reserve funds to ensure long-term stability. But fraudsters seeking easy access to sizable sums often target these very resources, making it critical for nonprofits to hire financial advisors who are both competent and ethical. By following consistent due diligence practices, organizations can maintain the vital confidence of their donors and communities.

Read the full article here.

Our firm provides the information for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. This article is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.