All nonprofits are required by Sarbanes-Oxley to have a document retention policy. Even more pressure is created by the new, publicly available Form 990, which asks nonprofits if they have a written document retention and destruction policy. Marking "no" could be a red flag for potential donors.
But developing and implementing an effective and compliant policy is complicated. What to save, what to dump and how long you must keep documents are all questions you need to clearly answer in your document retention policy. How can you keep track of it all? This executive report sorts through the conflicting requirements and outlines what records nonprofits need to keep, where and for how long so you can create a new policy or refine your current one.
The Solution: "Record Retention for Nonprofits: What You Need to Know"
Document Retention Guidelines in 30 Minutes:
- 5 reasons you need a sound document retention policy now
- The 2 SOX provisions all nonprofits must adhere to
- The first thing you must do before starting a record retention initiative
- How to draft a meaningful, custom and realistic document retention policy
- 6 categories of documents (with examples) you should keep and for how long
- The #1 reason document retention policies fail – and how to overcome it
Jammed with easy-to-understand guidelines, this fast-read executive report gives you actionable tactics you can use today to ensure compliance with the record retention requirements for nonprofit organizations.
4-Step Process to an Effective Document Retention Policy
- Drafting the policy and procedures: How to build your document retention team and gain organizational buy-in immediately
- Communication and training: How to communicate and integrate your policy into the organizational culture
- Auditing and monitoring: Keys to ensure your document retention procedures are being followed to the letter
- Enforcement and improvement: How to find and correct leaks in your policy and adverse employee behavior
"Record Retention for Nonprofits: What You Need to Know" is a clear, no-nonsense guide anyone can use to quickly learn and implement a document retention policy that is custom built for their nonprofit organization.
Improve Organizational Transparency and Create More Donor Trust
- 5 must-have elements when developing a new policy from scratch
- 3 ways to ensure your document retention policy will be successful
- How to protect your organization with a sound document destruction plan
- Electronic documents and IT: What you need to know now
- BONUS: 10 useful resources for even more document retention information