CFDG responds to Cabinet Office Strategy Unit report

first_img Tagged with: Finance About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. CFDG responds to Cabinet Office Strategy Unit report AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 24 September 2002 | Newscenter_img  32 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The Charity Finance Directors Group (CFDG) has welcomed the Strategy Unit’s long delayed report for including “far reaching and radical proposals.”CFDG Chief Executive, Shirley Scott said: “We are delighted that the report has finally been published and that the Cabinet Office have taken note of many of our concerns. Proposals for the modernising of charity law have been a long time coming and are vital if charities are to play an active part in society. We are pleased that the Strategy Unit has made some far reaching and radical proposals and hope that the end result is a more effective, better resourced and better regulated charity and voluntary sector.“There is a long way to go but we will push for the legislation relating to charities and trading and support the proposal for the new Charitable Incorporated Organisation. Our members will certainly be interested in commenting on the detail of these proposals. Advertisement “We are delighted that the Government has recognised the problems of regulation and red tape and we welcome the Prime Ministers’ statement that “Excessive red tape is preventing the sector from fulfilling its potential”.“We will be looking for the balance between gaining public confidence and the need to reduce red tape. Appropriate regulation (including self regulation) helps maintain public confidence in charities.Our interest will be focussed on the financial management aspects of the report and we look forward to working with the Charity Commission on the next SORP with regards improved methods for apportioning costs and expenditure. We welcome the need for some clarification of the ethical investment strategies which trustees are permitted to follow under charity law.”Ms Scott referred to the CFDG’s document of June 2002, “Charity Management, the Way Ahead”, which encouraged charities to maintain and develop a climate of public trust and confidence through improved communications and through adherence to, and promotion of, good practice. It also contained the umbrella group’s proposals to the Strategy Unit.“We welcome the proposals to reform the Charity Commission. Our response to the original Strategy Unit consultation highlighted some concerns about the current structure of the Charity Commission. Indeed, the report backs many of our recommendations from our response to the original Strategy Unit consultation. The report also responds to many of our points in our ‘Agenda for the future’, published in June.“On the other recommendations CFDG will be consulting fully with our members to gain their full views. Our Public Affairs Committee and Policy Development Working Group will be meeting on 9th October to help develop our response. In addition, CFDG will be hosting members meetings in London andregionally to discuss the report and our response.”last_img read more

Read More →

Vermont tops list of highest risk states for embezzlement

first_img“In the overwhelming number of cases, excessive greed or the desire to live a relatively morelavish lifestyle appears to be the key motivating factor for major embezzlers ‘ not to alleviatepersonal financial problems, as some might expect.” Vermont had the highest risk of embezzlement of any state in the nation in 2011, according to a report released today; Vermont was third worst in 2010. In the report, women tend to go for the big payoff, while men tend to stick their hand in the same till more often. Marquet International Ltd has released The 2011 Marquet Report On Embezzlement ‘ its annual study of major embezzlement cases in the United States. The study examined 473 major embezzlement cases active in the US in 2011 ‘ those with more than $100,000 in reported losses. The 2011 Marquet Report On Embezzlement examined several broad categories related to the white collar fraud phenomenon of employee theft, including: Characteristics of the SchemesCharacteristics of the PerpetratorsCharacteristics of the Victim OrganizationsJudicial Consequences Some noteworthy findings from the 2011 study include:The number of major embezzlements dropped only a slight 2% from 2010;Vermont topped the list of states with highest risk for loss due to embezzlement in 2011. Vermont was followed by Connecticut, Pennsylvania, Montana, Virginia, Iowa and Idaho;In 2011, non-profits, including religious organizations, experienced the most embezzlement cases of all industry categories, behind only financial institutions;The average loss was about $750,000 for 2011;The most common embezzlement scheme in 2011 involved the forgery or unauthorized issuance of company checks;Nearly three-quarters of the incidents in 2011 were committed by employees who held finance & accounting positions;The average scheme lasted nearly 5 years;Gambling continues to appear to be a motivating factor in some embezzlement cases; and,Nearly two-thirds of all incidents involved female perpetrators in 2011. ‘Unfortunately, 2011 was another banner year for employee theft in the United States, experiencing only a slight drop in frequency from the frenetic pace set in 2010,’ said Christopher T Marquet, CEO of Marquet International. ‘Employee theft is not going away any time soon.’ The study also reported some conclusions Marquet has derived by combining the data from past four years: Perpetrators typically begin their embezzlement schemes in their early 40s;By a significant margin, embezzlers are most likely to be individuals who hold financial positions within organizations;The Financial Services industry suffers the greatest losses from major embezzlements;Vermont, Virginia and Florida are among the states with the highest risk for loss due to embezzlement;Women are more likely to embezzle on a large scale than men;Men embezzle significantly more than women per scheme;Gambling is a clear motivating factor in driving some major embezzlement cases; and,Only about 5 percent of major embezzlers have a prior criminal history. ‘Certain states like Vermont are consistently among the highest risk for loss due to embezzlement,’ said Marquet. ‘Anyone in that state that keeps up on the news knows that Vermont has experienced a rash of high profile embezzlements in recent years,’ he continued.‘Banks and financial organizations ‘ perhaps because that is where the money is ‘ and nonprofits, including religious organizations ‘ probably due to their weak business controls environment ‘ are most often the victims of this type of white collar crime,’ Marquet said. A copy of The 2011 Marquet Report On Embezzlement can be obtained by calling (917) 733- 1038 or e-mailing a request to [email protected](link sends e-mail). Marquet International also publishes a white collar crime blog at http://fraudtalk.blogspot.com(link is external) which chronicles a variety of active white collar crime cases including major embezzlements. About Marquet international Ltd.Marquet International is a boutique business investigations, due diligence, litigation support and security consulting firm, based in Boston. Led by long-time industry expert, Christopher Marquet, the firm provides Corporate Intelligence & Due Diligence services in corporate transactions and to vet key personnel; Litigation Support and Corporate Investigation services on behalf of general counsel and law firms representing clients in matters involving fraud and employee misconduct, intellectual property disputes, hostile takeovers, asset recovery, electronic evidence and forensic accounting; and a range of security consulting services. For more information about the firm, go to www.marquetinternational.com(link is external). Boston ‘ January 17, 2012 ‘ Marquet International Ltd.  AttachmentSize 2011_Marquet_Report_On_Embezzlement.pdf868.28 KBlast_img read more

Read More →

Governor Wolf Announces $75.6 Million Investment in Water Infrastructure Projects in 8 Counties

first_imgGovernor Wolf Announces $75.6 Million Investment in Water Infrastructure Projects in 8 Counties Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolf SHARE Email Facebook Twitter October 19, 2016 Environment,  Infrastructure,  Press Release Harrisburg, PA – Governor Tom Wolf today announced the investment of $75.6 million for nine drinking water and wastewater projects across eight counties through the Pennsylvania Infrastructure Investment Authority (PENNVEST).“Today the PENNVEST Board of Directors renewed its commitment to clean water in Pennsylvania and to the health of it citizens”, said Governor Wolf. ”The investment of millions of dollars all across the Commonwealth serves as testimony to the Board’s and this administration’s desire to improve our environment and to protect our precious natural resources, for today’s Pennsylvanians as well as for future generation s to come.”Of the $75.6 million, $54.4 million is allocated for low-interest loans and $21.2 million is awarded through grants.The funding comes from a combination of state funds approved by voters, federal grants to PENNVEST from the Environmental Protection Agency and recycled loan repayments from previous PENNVEST funding awards. Funds for the projects are disbursed after bills for work are paid and receipts are submitted to PENNVEST.For more information, visit www.pennvest.state.pa.us or call 717-783-6798.PENNVEST Drinking Water ProjectsSullivan CountyLaporte Borough received a $687,602 loan and a $326,128 grant to replace more than a half mile of deteriorated water distribution lines and construct a 150 thousand gallon water storage tank in order to provide a safe and reliable source of drinking water to its residents.PENNVEST Wastewater ProjectsAllegheny CountyPleasant Hills Authority received a $17,474,300 loan to upgrade and expand its existing sewage treatment plant in order to eliminate wet weather overflow discharges into Lick Run.Allegheny and Washington CountiesWest Elizabeth Sanitary Authority received a $4,942,485 loan and a $3,915,015 grant to construct a new 1.06 million gallons-per-day sewage treatment plant in order to eliminate wet weather discharges into the Monongahela River from its existing 46 year-old plant that occur during we weather.Bedford CountyEverett Area Borough Municipal Authority received a $3,191,950 loan and a $1,558,050 grant to replace more than eight miles of deteriorated sewage collection lines in order to eliminate wet weather overflows into the Raystown Branch of the Juniata River.Cambria CountyJohnstown City received a $6,082,200 loan and a $4,817,800 grant to replace collection pipes, manholes and service laterals in the Moxham area of the city in order to reduce storm water inflows into its sanitary sewer system.Lower Yoder Township received a $6,391,129 loan and a $4,493,871 grant to replace almost eleven miles of deteriorated sewage collection lines, as well as lateral lines that run to within five feet of residents’ homes (with their permission), in order to reduce wet weather discharges into St. Clair Run and the Conemaugh River.Southmont Borough received a $5,818,566 loan and a $2,488,934 grant to install five and a half miles of new sewage collection lines as well as more than seven miles of sewer laterals in order to eliminated wet weather overflows into Cheney Run and the Stonycreek River.Centre and Clearfield CountiesMoshannon Valley Joint Sewer Authority received a $3,902,000 loan to make a variety of upgrades to its wastewater treatment facility in order to improve its efficiency and treatment performance.Erie CountyGreene Township received a $5,916,224 loan and a $3,655,276 grant to construct more than eight miles of sewage collection lines, a pump station and other facilities in order to eliminate discharges of untreated wastewater into ground and surface waters from residents’ malfunctioning on-lot septic systems.last_img read more

Read More →

John Elway declares Drew Lock starting QB heading into 2020

first_imgLast Updated: 31st December, 2019 13:20 IST John Elway Declares Drew Lock Starting QB Heading Into 2020 The biggest question awaiting Elway at his annual state-of-the-team news conference Monday was whether he’s all-in on Lock, who came off IR to inject moxie, mobility and modernity into Denver’s poky offense. Associated Press Television News SUBSCRIBE TO US FOLLOW US For the first time since Super Bowl 50,Elway said Monday that rookieHe also said he’s a bigger fan than ever of head coachThe biggest question awaiting Elway at his annual state-of-the-team news conference Monday was whether he’s all-in on Lock, who came off IR to inject moxie, mobility and modernity into Denver’s poky offense.”Well, I mean, I don’t see any (other) options right now,” Elway said. “Obviously, he finished and did a heck of a job, winning four out of five games and played well. He’s still has a long way to go, he’s got a lot of work to do, but we’re exited about where Drew is. We don’t like to show our hand, but I think it’s unrealistic to say that we’re going a different direction.”So, if Elway signs a veteran QB in free agency or drafts one in the lower rounds, it’ll be to add depth at the position, not competition.”I’m one of 32 human beings who are starting NFL quarterbacks in this world, but no, I don’t want to be 32, I want to try eventually to be No. 1,” he said. “You go about that with a lackadaisical mindset, you’ll never get there.”Elway, who switched head coaches three times in five years and flirted with bringing back Mike Shanahan two years ago, said he loved working alongside Fangio, a first-time head coach at age 61.”Vic has been everything that I thought he would be and a heck of a lot more,” Elway said.Elway credited his rookie head coach and his rookie quarterback with injecting enthusiasm into the organization that has missed the playoffs four consecutive years.”We’re at the point where the good feeling is we’ve bounced off the bottom,” Elway said. “The whole thing when you’re losing is getting that locker room turned around. … That locker room is excited again.”So is the fan base, although 38,000 no-shows over the final three home games shows there’s work to be done.Elway will have up to a dozen draft picks and $80 million in cap space to bolster a roster that’s already the third youngest in the NFL.”Things are trending up,” Elway said. “Now, that’s not to say they’re going to continue to go that way. We’ve got a lot of work to do. We’ve got to get better in a lot of spots.”Other things to keep in mind this offseason after the Broncos’ second-place finish in the AFC West:Team president Joe Ellis said Brittany Bowlen, who rejoined the organization last month, “has distinguished herself as the one child that we’re looking at to possibly take over her father’s role” as controlling owner of the team.”There’s a lot that goes into that, and there will need to be some cooperation from everybody in the family for that to happen,” Ellis said.Some of the late Hall of Famer Pat Bowlen’s adult children are seeking to have Ellis and the two other trustees removed, alleging that their father was already in the throes of Alzheimer’s disease in 2009 when he rewrote his 2002 trust. That case goes to court in September.Joe Flacco, who went on IR at midseason with a herniated disc in his neck, said he wants to play again in 2020 and “that would be great” if he’s back in Denver. Yes, even as Lock’s backup “if that’s what it has to be.” Flacco is due to make $20.5 million in 2020.Unlike Peyton Manning, Flacco said his neck injury hasn’t caused him to lose any feeling in his fingertips.He said he’ll get another MRI in February but doesn’t know if he’ll need surgery.“It one sense, it’s nice that I’m not walking around in pain,” Flacco said, “and in the other sense, it’s kind of annoying that I don’t have anything wrong with me, I feel pretty normal. But I can’t play.”VETERANS AFFAIRSFS Justin Simmons is likely headed for the franchise tag if he doesn’t agree to a new contract. DE Derek Wolfe’s elbow injury might make it more likely he re-signs with Denver. DE Shelby Harris and CB Chris Harris Jr. could command enticing offers on the open market.Chris Harris Jr. said he’d love to return but also posted aHarris said Lock’s emergence makes it tougher to think about moving on.“I love him,” Harris said. “If I’m here or not, I’m always going to cheer for Drew.”HOW TO GET IT RIGHTElway would be wise to avoid the vintage veterans in free agency. SS Kareem Jackson was the only member of Denver’s $107.5 million class of 2019 to pay an immediate dividend. RT Ja’Wuan James (knee) played just 63 snaps all season, but that was 63 more than CB Bryce Callahan (foot) and RB Theo Riddick (shoulder).Elway said he loved what Jackson brought to the mix and that injuries are just an unfortunate part of football: “So, we’re going to go into free agency the same way. We’re going to do all the homework we can and hope we don’t have the luck we had this year with the injuries. But we think there’s some quality football players out there that can help us.”___With contributions from AP Sports Writer Pat Graham.___More AP NFL: https://apnews.com/NFL and https://twitter.com/AP_NFL WATCH US LIVEcenter_img First Published: 31st December, 2019 13:20 IST COMMENT LIVE TV Written Bylast_img read more

Read More →