Nonprofit

Ethics and compliance are vitally important to the success of non-profit organizations. In addition to being required to comply with specific tax codes from the Internal Revenue Service (IRS), such as 403(b) pension plans or to properly report and maintain 501(c)(3) tax-exempt status, charitable and non-profit companies are held to a higher level of scrutiny from parishioners, congregates and contributors. Non-profit organizations must be extremely cautious as many activities, such as political activities, private benefit, employment issues and IRS filing issues, can result in non-compliance and revocation of tax-exempt status.

We can help. Our solutions help you drive awareness of the expected behaviors for your employees, detect issues, manage incidents of misconduct, and report and analyze the effectiveness of your ethics and compliance initiatives. The Network gives non-profit organizations the ability to:

Ensure compliance with various regulations
Foster a clear ethical and compliance-driven culture
Identify potential risks through reporting and analysis

IN THE NEWS

Top 12 GRC Considerations for Financial Companies in 2012

While regulation is certainly not a new concept to the financial industry, the risks posed by regulatory non-compliance will continue to drive global enterprises to tighten their focus on risk management – literally, the center of GRC – and find the balance between business value and business ethics.