Hospital board directors and trustees have historically served their duties without compensation. Recently, a few of the larger consolidated hospitals have broken the mold and started offering compensation to their board directors. The movement toward compensating hospital board directors is…
Private and nonprofit boards of directors face many of the same challenges of refreshing their boards as publicly traded companies. Many other issues drive the unique challenges of board refreshment that non-public entities face on an ongoing basis. The type…
Many things differentiate nonprofit organizations from one another. If you’ve seen one nonprofit organization, you’ve seen one nonprofit organization. Some of them are startups, and many of them have been around for decades. Each nonprofit organization has a flavor and…
Every nonprofit organization establishes roots. Some organizations thrive and live on. Others fail and are short-lived. When there is passion for a cause or an issue, nonprofit organizations can have major positive impact on people and the communities in which…
The rising costs of higher education are leading today’s young adults more in the direction of nonprofit or public colleges as one of the least costly alternative ways of attaining a higher education. As the governing body of educational institutions…
The annual meetings of nonprofit organizations generally include some attention to both the short- and long-term goals of the organization. In the normal course of events, short-term goals tend to be on the minds of staff, volunteers and board members…
When board members collide on an issue, it’s typically a rare or isolated event. That’s probably because most board directors fulfill their duties with a servant’s heart. It’s fair to say that most nonprofit board directors hold ethics and integrity…
People become involved in nonprofit organizations because they believe in the organization’s cause. Often, they’ve had a deep or moving personal connection to the cause or the population that the nonprofit organization serves. Nominating or governance committees work diligently to…
Several things can set the tone and agenda for a private board meeting or nonprofit board, including the maturity of the organization, the economic stage of development, pressing legal or other important matters, and the impact of the economy. Templates…
Private companies are not subject to the strict regulations that publicly traded corporations must abide by, but recent regulatory changes are casting a stronger light on the role of the company secretary. Today’s business climate requires company secretaries to take…
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