Nonprofit training set for Thursday

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The Los Alamos Community Foundation will host a nonprofit training from 5-6 p.m. Thursday, at the University of New Mexico-Los Alamos, building 2 in the lecture hall.

Chris Daniels, the finance director of the Los Alamos Family YMCA, will present “Internal Controls for Nonprofits: Viable solutions that are easy to apply.”

Embezzlement and fraud within the nonprofit sector is probably more common and also more preventable than you would think. The damage and effect of fraud can be extensive and community trust hard to regain. By raising awareness of how it happens and implementing a few simple methods nonprofits can avoid such a calamity.

In this interactive presentation attendees can learn the following:

• Common ways that embezzlement and or fraud can occur.

• The critical areas where controls are most needed.

• Effective ways to establish internal controls with a limited staff.

• Specific controls that can be applied immediately with minimal effort.

• Examples where controls could have prevented fraud or errors.

Nonprofit training sessions sponsored by Los Alamos Community Foundation are made possible with generous support from UNM-Los Alamos and the LANL Foundation.