With the launch of our new report, Financial Access for U.S. Nonprofits, the first-ever empirical data on the issue gives new insight to the problem known as "derisking."
Hear from the report's authors about the findings, stakeholder perspectives and possible solutions.
Tuesday, February 28, 2017
12:00 p.m. - 1:00 p.m.
* Sue Eckert, Adjunct Senior Fellow, Center for New American Security and report author
* Kay Guinane, Director, Charity & Security Network and report author
* Andrea Hall, Communications and Outreach Coordinator, Charity & Security Network and report author
* Dawn Sikorski, Corporate Counsel, Islamic Relief USA
The scope and prevalence of challenges that U.S.-based nonprofits face in accessing financial services are far more vast than previously understood, according to a comprehensive new report by the Charity & Security Netowrk, Financial Access for U.S. Nonprofits.
Two-thirds of U.S.-based nonprofits working abroad are facing problems accessing financial services, the report finds. These include delays in wire transfers, account closures and account refusals, requests for unusual additional documentation, and inccreased fees.
The report is based on the first-ever empirical study of the global phenomenon known as "derisking," as it relates to U.S.-based NPOs. The report also reflects information from a number of focus group sessions and interviews with stakeholders over the last year.
Sue Eckert, Adjunct Senior Fellow, Center for a New American Security; and Adjunct Professor of Law, Case Western Reserve Law School
Emile van der does de Willebois, Global Lead, Financial Market Integrity & Asset Recovery, World Bank Group
Michael Pisa, Policy Fellow, Center for Global Development
Scott Paul, Senior Humanitarian Policy Advisory, Oxfam America
Shannon N. Green. Senior Fellow and Director, Human Rights Initiative, CSIS