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| Nonprofits and Accountability | |
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According to the
Independent Sector - "Public trust is the single most
important asset of the nonprofit and philanthropic community.
Without it, donors will not give and volunteers will not get
involved." Organizations are not only accountable to individual donors for their programs and services - they're also responsible to their governing boards and often to local, state, and federal agencies.
These relationships are built on the foundation of effective
financial reporting and the capacity to benchmark organizational performance.
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