GNH Community

Community, Nonprofits and Businesses sharing Information

What exactly should a nonprofit board do when it learns that its trusted Treasurer has redirected some of its funds?

Below is the Washington Post story about the theft experienced by the Talbot Watermen Association. The Treasurer helped herself to the nonprofit's funds and members of the organization called the cops. Presuming that the nonprofit has liability insurance, much of their loss should be recovered.

The good news. Below the Washington Post article is what the Association shared with its members. On the Association Website the item is simply titled "Talbot Watermen Association Official Statement. Clicking-on this title gets one to the statement. Fair enough.

Good step: once financial theft is learned or even perceived: call the cops! Next step, fix the systems and policies that enabled the theft. Finally, talk to your constituents. Kudos to the Association for moving forward in what I believe to be correct actions.

EASTON, Md. — Maryland State Police have charged the former treasurer of a Talbot County nonprofit with stealing from the organization.

Forty-year-old Lisa N. Gowe of Neavitt was charged Thursday with theft scheme, $100,000 plus.

Troopers say in January, members of the Talbot Watermen’s Association contacted state police and alleged that Gowe, then the group’s treasurer and event organizer, depleted the association’s bank accounts.

Investigators say bank records show that Gowe wrote numerous checks written, made withdrawals, debits and electronic money transfers that were not authorized.

Police say Gowe used the money for herself and not the Watermen’s Association. Washington Post

Talbot Watermen Association, Inc. Official Statement (Website)

POSTED ON JULY 25, 2015

As most of you are now aware, our past treasurer Lisa Gowe has been arrested for embezzling money from our Association. As a Watermen Community and a Association, we have pulled together and will overcome this setback. This is our official statement :

Lisa Gowe’s criminal charges are the result of an investigation by the Maryland State Police. The investigation was requested by our Association when we discovered discrepancies between information provided between Ms. Gowe and information provided by the bank. We were shocked and disheartened to learn that our once trusted treasurer was, in fact, untrustworthy. Since learning the details of the apparent embezzlement, we have consulted with attorneys and accountants, and have instituted new financial controls and oversight. We are saddened by our prior treasurer’s actions, for her family, for our members, and for our supporters throughout the community. We have asked the State’s Attorney to seek restitution as a component of the criminal process.

Views: 57

Comment

You need to be a member of GNH Community to add comments!

Join GNH Community

Welcome (Bienvenido, Benvenuto, Powitanie, Bonjour! Willkomme,歡迎, ברוךהבא أهلا وسهلا, Bonvenon) to GNH Community. Traducción de esta página

Si no habla inglés, puede
leer el contenido de este sitio
web haciendo clic en
"Select language" arriba y
eligiendo "Spanish".
El contenido, excepto los
archivos adjuntos, aparecerán en español.

~

Non-English speaking residents can read the content of this website by clicking on "Select Language" above and picking their preferred language. Once a language is selected all content with the exception of attachments will appear in that language.

OPPORTUNITY + EQUITY

Imagine. Inform. Invest. Inspire. Working together to build a stronger community - now and forever.

The Community Foundation office at 70 Audubon Street is open to visitors by appointment only; Foundation staff are available by phone and email Monday through Friday from 8:30 a.m. - 5:00 p.m. to conduct business or to schedule a time to visit. To contact a staff member, view our staff directory.

 

 

 

Open Street Project

An Open Streets Family Reunion: Reflections from the 2018 Open Streets Summit

By Ryan O’Connor, Director of Programs, 8 80 Cities Recently 8 80 Cities wrote a blog post about open streets being a labour of love. That being the case, the 2018 Open Streets Summit in New Orleans felt like a family reunion of sorts. It was rejuvenating to see old and new friends who share our passion for open streets and are working tirelessly to create healthier, happier, and more connected communities across the world. The event, which took place on September 15-16, brought together more than 50 leaders who currently organize open streets programs or are interested in bringing the...

The post An Open Streets Family Reunion: Reflections from the 2018 Open Streets Summit appeared first on Open Streets Project.

Open Streets Summit Draft Agenda

We hope you are getting ready and feel excited about the Open Streets Summit in Gretna/New Orleans! Taking place from September 15-16, 2018, the Summit will feature tours, presentations and networking opportunities with open streets champions and organizers from across the continent. Attendees will learn about the nuts and bolts of starting or scaling up open streets programs, including: Route design and planning Partnerships with business and officials Social inclusion Safety and logistics Marketing and promotion Program evaluation through measurable goals and metrics If you haven’t done it yet, click here to register for the Open Streets Summit only or...

The post Open Streets Summit Draft Agenda appeared first on Open Streets Project.

Open Streets Summit Speakers Announced!

The Open Streets Project is proud to announce that Ed Solis from Viva Calle (San Jose, CA), Romel Pascual from CicLAvia (Los Angeles, CA), Jaymie Santiago and Charles Brown from New Brunswick Ciclovia will join us as speakers for the 2018 Open Streets Summit in New Orleans and Gretna! Taking place from September 15-16 2018, the Summit will feature: Behind the scenes tour of the City of Gretna’s inaugural open streets program. Workshops, presentations, and networking opportunities with open streets champions and organizers from across the continent. Training and inspiration for both -novice and experienced- open streets organizers and supporters...

The post Open Streets Summit Speakers Announced! appeared first on Open Streets Project.

Local Initiatives Support Corporation

Affordable, Sustainable Housing is Coming to Long Beach, California with Help from LISC

As inventory shortages and high costs are making Long Beach, CA nearly as unaffordable nearby Los Angeles, $4.34 million acquisition and predevelopment loan from LISC is helping the construction of a new affordable housing community to move forward and provide a range of apartments for families earning 30% AMI to 60% AMI.

To Safeguard Homes in California, Promote Affordability Through the Foreclosure Intervention Housing Preservation Program

California’s recently formed Foreclosure Intervention Housing Preservation Program (FIHPP) is poised to fund nonprofit housing groups to buy rental properties in or at risk of foreclosure and quickly convert them to long-term affordable housing. Now, FIHPP is hanging in the legislative balance. LISC’s Tahirih Zigler and Enterprise Community Partners’ Jacqueline Waggoner weigh in on the imperative of safeguarding the program to help spare many Californians from the preventable tragedies of displacement and homelessness.

Jorge Cruz Returns to LISC Greater Newark as Executive Director

LISC has named Jorge Cruz as executive director of LISC Greater Newark, a decades-long community investment program that has delivered more than $169 million to New Jersey neighborhoods, businesses and community organizations to support economic opportunity and growth.

© 2024   Created by Lee Cruz.   Powered by

Badges  |  Report an Issue  |  Terms of Service