Jocelyn Bishop

Experience

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  Arthur Andersen

  Jan 1997 - Jan 1999

  Associate

  Performed consulting/compliance for charitable and for-profit organizations, including mergers and acquisitions.

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  PwC

  Jan 1999 - Jan 2012

  Director (2011 - 2012), Manager (2002 - 2011), Senior Associate (1999 - 2002)

  Co-developed Exempt Organization Tax Services practice over a 13-year period, growing team from 2 to 15 staff members and increasing revenues from $400K to $5M through on-going engagements at approximately 60 non-profit clients. Clients throughout New England and the United States included major universities and secondary schools, hospitals, foundations, and financial institutions managing charitable trusts. Firm and industry thought leader on non-profit tax topics.CLIENT RELATIONSHIP MANAGEMENT- Advised clients and their boards in a mission-focused manner to help them achieve their goals and understand results. Consulted on issues including compliance obligations, compensation, unrelated business income, and controversy resolution.- Budgeted and strategized each project in detail to ensure high quality deliverables, on time and within budget.SUBJECT MATTER EXPERTISE- Regularly presented a variety of non-profit topics to clients, their boards, and industry groups.- Authored numerous articles and newsflashes on current industry issues.- Participated in selective 4-month rotation in PwC’s Health Research Institute, culminating in the co-authoring of an article published in Modern Healthcare Magazine, quoted in national news outlets including msnbc.com, and discussed on PBS's "The Nightly Business Report" and Fox Business News.ORGANIZATIONAL LEADERSHIP- Established and maintained strong working relationships with diverse PwC staff and leadership.- Coached and mentored team members on a regular basis regarding performance, including recommendations for staff promotions to leadership and underperformer support and external counseling.- Worked with HR and team to recruit and train new members with experience levels from associate to manager. Show less

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  Harvard Management Company

  Jan 2012 - Jan 2015

  Vice President - Domestic Tax Compliance

  Recruited for non-profit expertise and relationship finesse to develop HMC-wide understanding of non-profit governance and disclosure requirements. Successfully transitioned Tax function from external firm to an internal team, saving $2M per year. Strategized and built out procedures and controls, enhancing quality reporting standards. Increased interdepartmental and University communication, strengthening relationships.RELATIONSHIP BUILDING- Built constructive relationships with the team and other HMC departments, including Accounting, Legal, and Trusts & Gifts, to gather and convey relevant information in an efficient and timely manner. - Partnered with and oversaw external service providers to ensure highest quality and on-budget deliverables.- Maintained open communication and education between HMC and the University’s Tax Department to drive compliance efficiency and quality.- Served as Trusts & Gifts' go-to person for questions regarding complex gifts enabling them to better evaluate the gifts' worth.SUBJECT MATTER EXPERTISE- Developed team’s understanding of non-profits including governance and operational issues. Created lunch-and-learns to target training needs and interests, leading to higher quality work and a more versatile team. - Distilled highly complex legislation into straightforward concepts and applicability to the organization, including establishing processes and procedures, creating compliance mechanisms, and educating stakeholders.- Proactively communicated relevant non-profit legislative changes to senior management, enabling them to anticipate organizational impact and consider taking legal action where appropriate.- Oversaw and facilitated tax reporting functions associated with HMC's complex investment structures, including approximately 1,000 Forms 990, 990-T, 1120, 8886, 8621, 8865, 926, 5471, FBAR, state returns, and ASC 740/FIN 48. Show less

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  Mill City Grows, Inc.

  Jan 2015 - Jan 2022

  Board Member, Former Treasurer (5 years)

  Joined MCG Board to meaningfully impact a local non-profit organization that has the potential to scale into a regional, or even national, model. Elected Treasurer within first year of board membership due to deep understanding of non-profit financial operations and philanthropy.PHILANTHROPY- Encourage Executive Directors to consider alternative funding sources, e.g., approaching cohorts of private foundations and individuals (via community foundations) focused on health and the environment.- Broaden philanthropic connections state-wide and nationally through substantial research and sector knowledge.- Facilitate donations through MCG's website by proposing inclusion of Donor Advised Fund giving link.- Represent MCG at non-profit industry events, interacting with colleagues and potential donors.FINANCE- Oversaw financials and tax compliance to ensure MCG's economic health.- Developed and directed asset management and financing plans with Executive Directors. Show less

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  Jocelyn Bishop Consulting, LLC

  Jan 2016 - now

  Non-Profit and Philanthropic Advisor

  Provide strategic and philanthropic advice to philanthropists and non-profits, from start-ups to multi-billion dollar organizations throughout the country.- Establish/refine best practices in governance, operations, and finance to facilitate organizational achievement.- Resolve governance and operational challenges with non-profit boards and executive directors.- Communicate giving strategies to donors, including refining areas of philanthropic interest.- Provide Interim CFO services, including establishing budgets and making financial presentations to the board.- Convene interested parties, communicate relevant information, achieve buy-in, assign roles and responsibilities, and successfully implement target goals.- Thought leader on Country by Country Reporting for non-profits and leader of reporting initiatives for 2 prominent U.S. universities. Show less

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  Non Profit Capital Management, LLC

  Jan 2021 - Jan 2023

  Director of Tax and Advisory Services

  Expand 360 degree level of service to nonprofit clients within the Tax and Advisory realms.Service offerings include:- Form 990 Preparation and Education- Compensation Studies- Policies, Procedures, and Processes- Endowments and Rainy Day Funds

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  Hurwit & Associates

  Jan 2022 - now

  Of Counsel

  Ensure comprehensive legal counsel to charitable and other tax-exempt organizations and philanthropists across the country.- Utilize a multi-focused approach that includes legal, operations, finance, governance, fundraising, and investment considerations. - Collaborate with organizations throughout their tax-exempt lifecycle, from formation to dissolution including tax-exempt status reinstatement. - Provide on-going counsel for clients, including the roles and responsibilities of board members, executive compensation, excess benefit transactions, unrelated business income, and compliance with federal and state requirements. Show less