Oversight is the board’s responsibility. In the interest of stewardship and gaining the public’s trust, it’s common for nonprofits to maintain a fairly lean budget and keep a good eye on the organization’s finances. For some boards, keeping a lean…
As a leader of a nonprofit, you're working very hard to fulfill your nonprofit's mission. That said, are you sure that the work you’re doing is having the kind of impact you expect within your community? To be more specific,…
Good decision-making is essential for boards to successfully oversee a nonprofit organization. While mistakes may seem insignificant at the time, they can have longstanding effects on your nonprofit and its reputation. Has your board taken stock of the ramifications of…
If we've learned anything from the pandemic, it's that anything can happen whether we’re prepared for it or not. It’s during times of crisis that your nonprofit will learn the strength of its foundation and what it can do better…
The recent evolution of economic and social changes means that nonprofits are more influential than ever before. The early nonprofits focused on serving the poor, and the scope of nonprofit organizations now covers a wide variety of industries—everything encompassing health,…
Risk management is an important way to demonstrate to donors and other stakeholders that nonprofit boards are using their resources wisely and ethically. Financial loss and other types of fraud can cause your nonprofit to lose donors, damage your nonprofit’s…
While nonprofit organizations play a vital role in their communities, they don't always have the resources to do all the work they want to do. Advancements in technology have given nonprofits new ways to partner with corporations and other nonprofits…
As needs within communities have grown, the number of nonprofit organizations has grown along with them. Nonprofits have grown about 20% in recent decades. The growth of nonprofits, along with concern over how they’re being governed has prompted greater scrutiny…
With so much change going on in the world today, it’s clear that an intricate web of disruptive factors for nonprofits is a prime issue for nonprofit boards. Changes in society, the global economy, and technology are the leading forces…
The social impact of any great leader is generally pretty evident, especially when you give it scope and retrospect. That's just one reason why nonprofit board members should be familiar with a variety of leadership styles including the transformational leadership…
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