Toolkits, Templates, & Sample Documents

A Guide to Fiscal Stewardship: Preventing and Mitigating Financial Mismanagement and Fraud

Publication date: 
April, 2025
Source(s): 
Council of Michigan Foundations

This resource is intended to explore frequently asked questions involved in preventing and managing through challenging operational and grantmaking situations, primarily around situations of financial mismanagement and fraud. 

While every situation is unique, this document contains general guidance that may provide a starting point for grantmakers facing this type of crisis internally or in connection to a foundation partner. This resource may also be of benefit to nonprofit organizations broadly, as much of this content is relevant for all sector leaders working together in support of their communities.

This resource is also explored in the webinar Preventing and Mitigating Financial Mismanagement and Fraud.