Responding to a number of inquiries from Alaska nonprofits, Foraker has been in productive discussions with leadership of the Alaska Department of Health and Human Services to reduce the financial impact from a recent cyberattack. We commend department leaders who are working to navigate fallout from the incident, which has resulted in late disbursement of grant funding to many nonprofits, some of whom have been waiting for several months to receive their funds. Understandably, this has caused financial difficulty for them. Foraker is working with the department to identify organizations that are facing significant financial hardship and have had to or are considering actions such as tapping into dwindling reserves, accessing and/or pursuing a line of credit to cover payroll and other expenses, letting staff go, or at the most… Read more »







