Nonprofit organizations are navigating another challenging year. Our key considerations for 2022 include topics arising from the impact of the COVID-19 pandemic, such as governance and cybersecurity, as well as those that are growing in importance among our clients, specifically environmental, social, and governance (ESG) investing. We’re also thinking about fundraising, a perennial concern for small and large nonprofits alike. Finally, we examine the prospects for 403(b) plans to be able to invest in collective investment trusts.