In this presentation we will explore the potential impact to nonprofits from the recent bank failures of Silicon Valley Bank and Signature Bank and how an organization can protect themselves from losses should their banking institution fail. We will also look at best practices organizations can employ to further mitigate these risk and opportunities that are available in solving this challenge.

Julie Jones, CPA, Partner, Managed Accounting Services, Marcum LLP

Marc C. Labadie, MPAS®, CFP®, AIF® – Executive Vice President, RTD Financial

Program Description Best Practices & Opportunities to Avoid Nonprofit Reserve Losses from Bank Failures
Important Notice Regarding CPE:
Learning Objectives

At the end of this session, attendees will be able to:

  • Identify risks of potential reserve loss for a nonprofit organization.
  • Determine best practices to incorporate into an organization’s cash management and reserve management programs.
  • Recognize the opportunities for additional interest income while mitigating these risks.
Instruction Delivery Method Group Internet Based
Recommended CPE Credit 1 Credit
Recommended Field of Study Business Management & Organization
Prerequisites None
Program Level Basic
Advance Preparation None
Cancellation Policy You may cancel your registration at any time prior to the event.
Complaint Resolution Policy For more information regarding refund, concerns and program cancellation policies, please contact our offices at [email protected].

Marcum LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.