Nonprofits play a pivotal role in addressing societal challenges, improving lives, and fostering community development. However, despite their noble missions, these organizations are not immune to the risks of fraud. Fraud in Grant Management is one of the most concerning issues for nonprofits, as it undermines trust, derails projects, and diverts valuable resources away from the causes they support. Detecting and preventing the misuse of funds is essential for nonprofits to maintain operational integrity and ensure donor confidence. This article will explore effective strategies and best practices for nonprofits to identify early warning signs of fraudulent activity, implement robust prevention…
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