Educational Institutions Articles
OMB’s Temporary Pause on Federal Financial Assistance: Detailed Implications for CFOs
Posted by Robert Torella on February 21, 2025
In a significant development affecting federal funding, the Office of Management and Budget (OMB) issued Memorandum M-25-13 on January 27, 2025, directing a temporary suspension of obligations and disbursements of federal financial assistance.
Managing Leadership Transitions in Nonprofits: The Role of Exit Agreements
Posted by Sarah Hopkins on December 24, 2024
Exit agreements are essential for nonprofit organizations to manage leadership transitions smoothly and fairly. These agreements, developed by the board of directors, outline the terms of a leader's departure, focusing on compensation and the ongoing relationship with the organization.