Procedures are fundamental when it comes to nonprofit voting, and Robert’s Rules for voting abstentions ensures boards count votes accurately. Handling abstentions correctly reduces the chance that a vote could be challenged or dismissed. An abstention sends a passive message…
The roles of the board of trustees vs. board of directors are similar, making it common for people to use the terms interchangeably. While both positions have a strong role in governance, distinct differences set them apart. Regardless of…
As you accept a nonprofit board position, you may already know that executive compensation is one of the board’s most important duties. Creating attractive and reasonable compensation packages, practicing transparency, and opening opportunities for diversity are just some of the challenges when…
The structure of nonprofits varies in many ways and that has a major impact on CEO compensation for nonprofit organizations. It’s impossible to establish one-size-fits-all CEO compensation packages. In fact, large numbers of nonprofit CEOs don’t get financial compensation of…
Establishing trust on a board is difficult enough on its own. It’s not unheard of for boards that have been working together for a long time to struggle with trust issues. Building trust is even more difficult in a virtual…
When you chose your home, many factors probably went into your decision. Is the neighborhood safe? Are the schools good? How far will my morning commute be? Is it close to our family and friends? Something that probably didn’t occur…
A nonprofit’s mission rules the day. Despite whatever is going on in the world, nonprofits must continue to provide services because they play a vital role in our society. Yet, when a crisis occurs, nonprofits are often the hardest hit.…
Board management solutions are now beyond the debut stage. With many options to choose from, cost is just one of the many factors that boards should be considering when choosing a board management solution. Be mindful that your board management…
Would you agree that as long as something is legal, it’s also ethical and acceptable to you? Unfortunately, words and actions aren’t so black and white, especially when it comes to nonprofit organizations. Ethics is an important topic that individuals,…
Shareholders and stakeholders develop confidence in their boards of directors more easily when they represent the people they serve. Multiple perspectives on issues foment creativity in the boardroom and prevent groupthink. It’s necessary for boards to disrupt the status quo…
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