Nonprofit Training - The $80 Billion Gamble

Nonprofit Training - The $80 Billion Gamble 

Tuesday, September 12, 2023 | 9:00 - 10:30 a.m.

Maddie's Place C3 Training Center, 1910 Ingersoll Avenue in Des Moines

Intended Audience:  Staff members, executive directors, and board members.

Session Facilitator: Terry Rich

What would you do if you found a major fraud under your watch as a nonprofit leader?  Join us on Tuesday, September 12th, to hear Terry Rich, a 25-year CEO, share about his experience as the Iowa Lottery President & CEO during one of the biggest lottery frauds in U. S. history. His reflections and lessons learned will help you consider strategies and leadership approaches that can be applied to ultimately implement your mission and preserve your organization’s reputation should trouble arise. 

Although only 9% of nonprofits are victims of fraud, the median loss of $75,000 a year could be a costly distraction to the necessary work of your organization. In addition, many instances of fraud go unreported due to reputational risks, negative assumptions, and more. Participants will walk away with:

• Facts about who finds internal fraud in smaller organizations
• The importance of proper compliance and internal fraud procedures
• The importance of establishing a “crisis” plan with assigned duties in the event of internal fraud
• Why you should appreciate and say “thanks” to those who provide oversight to your organization

As a global author and keynote speaker, Terry will bring great insight and recommendations for nonprofit leaders in his hometown. 

This session is offered at no charge. Questions? Contact Barb Hobson at 515-447-4206 or hobson@desmoinesfoundation.org.