GEOList Summary: Nonprofit Audit Expenses
One of our foundation members inquired whether other funders are receiving calls from their grantees letting them know they are unable to afford audits for the last two years. Our member is wondering how others are dealing with this issue. If you have been experiencing this can you let me know what your course of action is? Are you waiving the audit requirement from your grantees or taking other steps with them?
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