Does your board approach your annual board evaluations merely as an exercise to check off your task list, or do you view it as a highly effective tool that provides a critical glimpse into your strengths and weaknesses? If you’re…
If you polled your board members about the best way to improve accountability in nonprofit organizations, would their answers focus more heavily on the donor relationship or the beneficiary relationship? You might find the vote would favor the donor relationship…
Regulations are in a constant state of evolution, globalization is on the rise, and technology is disrupting every industry. With so many important decisions to make, nonprofit board members must establish a code of ethics. Nonprofit boards are being highly scrutinized…
Nonprofit board members tend to have big dreams. What a wonderful place it would be if there were enough resources to support every one of them. The fact is most nonprofits can only achieve so much on their own. When…
Inurement is one of those terms a lot of nonprofit board members may be unfamiliar with, yet it strikes a chord with the IRS – and not in a good way. The IRS has strict rules about nonprofits giving away…
More than half of LGBTQ Americans surveyed in 2020 said they hid a personal relationship to avoid discrimination, according to a report by the Center for American Progress and NORC at the University of Chicago. The survey included various demographics,…
Whistleblower policies date back to 2002 with the passage of the Sarbanes-Oxley Act, which came about as a result of corporations that misled their investors relating to fraudulent financial reporting practices. The intent of the act is to ensure that…
Good governance practices demand that nonprofit boards review and make amendments to their bylaws annually to ensure sound leadership. Operating a nonprofit organization is similar to running a for-profit corporation in many ways. According to John Hopkins University, if we…
Ordinarily, the community banking trends from 2020 would provide a glimpse of what's to come in 2021, but to say the least, 2020 was an extremely unusual year. It was a year that altered even the most predictable trends, disrupted…
Nonprofit boards place a heavy focus on what motivates and attracts donors, and donor stewardship relations and best practices will ensure that donors have enough trust in your organization to make giving a standard practice. If donors make gifts to…
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