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Accounting Day-San Diego
May 22, 2017


                      .....

Red Flags for Senior Financial
   Abuse - Warning Signs,
   Preventation and
   Investigation
  More...
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Let me know of your topic of interest. Click on the Contact link.

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Private Foundation Back Office Support


Our services include complete grant management, investment income and 5% percent payout monitoring, federal and state tax and other filings, compliance monitoring and oversight of all aspects of the Foundation's business.
    • Oversee and Manage Grant Requests
      • From the public
        -Accept / Reject (depending on your criteria)
      • Internally / board member generated
        -We handle all the details
      • Confirm 501(c)(3) (nonprofit status lookup) with IRS via our web database (also search for terminated nonprofit status IRS database)
      • Capture all info needed for the tax return and permanent records Online tracking of all aspects, viewable by you and your team and Foundation Resource Team (secured site)
    • Gather all docs needed and prepare docs for board approval
      • Scope is determined by you and your objectives
      • Can go as far as writing the checks (signature authority) -If you write checks
           -Post to web site (fast and easy) or Fax
        -If we write checks
           -Post to web site (fast and easy)
        -Advantage of web based checkbook is that everyone has access and is aware of the balance and status
    • Track status of needed grant payouts (5% rule)
      • Web site will show ongoing status
      • Available for all to see status
      • Allows for immediate action
    • Search and match potential grantee organizations to match your objectives
      • Our extensive online database and existing relationships
    • Monitor investments and project gross income for the year
    • Monitor net income for purposes of projecting 1% tax
    • Perform annual accounting and prepare tax return(s)
    • Web based electronic storage of all documents (fully secured and mirrored storage)
    • Monitor and follow-up on all aspects of the Foundation's business
      • Much of this is specific to your foundation, the unique aspects that you desire to see accomplished
    • Web Site
      • Web site creation and hosting
      • Grant and information requests are entered from your web site which links to Foundation Resource Team.com (transparent to the user)
      • Email address and more
      • Your Foundation will have its own web site and a presents on our site.
    • Foundation Resource Team is a service provided by Jim Colville, CPA and is not associated with any other service or entity.

       Foundation Resource Team