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Nonprofits thriving in an age of transparency

When news broke that sex offender Jeffrey Epstein had donated to MIT Media Lab, widespread concerns arose over how transparent not-for-profit institutions were being about their financial practices. 

Epstein died in August while facing charges related to sex trafficking, but authorities continue to investigate his activities and relationships to many wealthy and high-profile people in philanthropic circles. 

Similarly, concerns emerged when the college admissions scandal surfaced — and the media reported that some parents were paying bribes and making suspect donations to get their children into prominent schools. 

For more information on this topic, or to learn how Baker Tilly specialists can help, contact our team.

Jonathan T. Marks
Partner, CPA/CFF, CITP, CGMA, CFE
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