by Elizabeth VanDerWoude
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September 20, 2022
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F&O
Audit Committee Purpose The Audit Committee’s primary role is to oversee the audit process, including identifying the scope of the audit, selecting the auditor, considering concerns reported by the auditor (1), recommending board approval of the audit, and reviewing...
by Elizabeth VanDerWoude
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August 29, 2022
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F&O
An essential element for the success of a new non-profit organization is effective board oversight and engagement. In GDI’s experience, one of the more challenging areas for new non-profit boards is understanding the most effective ways to provide appropriate...
by Elizabeth VanDerWoude
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November 10, 2021
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F&O, NON PROFIT
GDI staff are not experts in Information Technology (IT), but we do support many new organizations as they think through IT platforms and approaches for their organization. Early-stage organizations often require a balancing act between financial investment, data...
by Elizabeth VanDerWoude
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October 12, 2021
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F&O, NON PROFIT
In GDI’s experience incubating initiatives, a working understanding of non-profit finance, accounting and operations are tools in a successful toolkit for early-stage organization leaders. However, these entrepreneurs, board members, and senior leaders are rarely...