"Sarbanes-Oxley affects Hawaii nonprofits big time

starbulletin.com | Editorial | /2007/11/25/:

"Sarbanes-Oxley affects Hawaii nonprofits big time As CEO of the University of Hawaii Foundation, one of the largest nonprofit organizations in Hawaii, Donna Vuchinich gets to rub shoulders with high-powered venture capitalists, real estate tycoons and other well-to-do donors. However, it's not all about cultivating the rich and famous. In addition to poring over spreadsheets and communicating with her large board of trustees, Vuchinich is helping to oversee the Centennial campaign, the largest fund drive in the foundation's history. As if Hawaii managers of nonprofits don't have enough on their plates. On top of running their kuleana and dealing with everything from diminished state and federal funding to sorting out personnel squabbles, they now must also comply with Sarbanes-Oxley (or SOX)."