Wednesday, March 28, 2012

Audit Catches World’s Largest Workplace Charity

by Gary Snyder

More than $1 million in expenses related to the Combined Federal Campaigns of the National Capital Area,  a federal charity drive, have been questioned by the Office of Personnel Management’s inspector general; in addition, OPM identified $764,069 in expenses that could have been put to better use for the campaigns.  The CFC is “the world’s largest and most successful workplace charity fundraiser. Global Impact, the non-profit that manages the charity, has agreed to take corrective steps. Global Impact President Renee Acosta said the firm has agreed to pay back $308,820. Global Impact further agreed to implement additional internal controls. Why does it take a disaster to awaken charities to trustworthy practices and procedures? (link)

Nonprofit Imperative gathers its information principally from public documents...some of which are directly quoted. Virtually all cited are in some phase of criminal proceedings; some have not been charged, however. Cites in various media: Featured in print, broadcast, and online media outlets, including: Vermont Public Radio, Miami Herald, National Public Radio, Huffington Post, The Sun News, Atlanta Journal Constitution, Wall Street Journal (Profile, News and Photos), FOX2, ABC Spotlight on the News, WWJ Radio, Ethics World, Aspen Philanthropy Newsletter, Harvard Business Review, Current Affairs, The Chronicle of Philanthropy, St. Petersburg Times, B, USA Today Topics, ,, Responsive Philanthropy Magazine, New York Times...and many more • Nonprofits: On the Brink (iUniverse, 2006)
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