The University of Iowa

The $80 Billion Dollar Gamble
Event Category 


Note: This session will take place at the C3 Center, 1910 Ingersoll Avenue, Des Moines. 

What would you do if you found a major fraud on your watch as a nonprofit leader? Hear Terry Rich, a 25-year CEO, share his experience as the Iowa Lottery President & CEO during one of the biggest lottery frauds in U. S. history. His reflections and lessons learned will help you consider strategies and leadership approaches that can be applied to ultimately implement your mission and preserve your organization’s reputation should trouble arise. Although only 9% of nonprofits are victims of fraud, the median loss of $75,000 a year could be a costly distraction to the necessary work of your organization. In addition, many instances of fraud go unreported due to reputational risks, negative assumptions, and more. Participants will walk away with:

• Facts about who finds internal fraud in smaller organizations
• The importance of proper compliance and internal fraud procedures
• The importance of establishing a “crisis” plan with assigned duties in the event of internal fraud
• Why you should appreciate and say “thanks” to those who provide oversight to your organization

As a global author and keynote speaker, Terry  

This session is intended for staff members, executive directors, and board members.


Tuesday, September 12, 2023 - 9:00am
1915 Grand Ave.
Des Moines, IA 50309
Community Foundation of Greater Des Moines
Sponsoring Organization 
Community Foundation of Greater Des Moines