Governance has a whole new set of acronyms for new board directors to get used to. One acronym that inexperienced board directors of nonprofit organizations will hear a lot is D&O. The acronym stands for “directors and officers,” which by…
The very first email was sent in 1971 as an experiment to see if computers could actually talk to each other. Almost 50 years later, emails have become a staple of our personal and business lives. Up until recently, most…
Nonprofit boards strive to improve the effectiveness of their boards. Often, they just don’t know how to go about it. Those who make decisions around the boardroom—and how they make those decisions—determines whether the organization ultimately achieves its goals and…
The basic principles of good corporate governance apply equally to nonprofit entities as they do for public or for-profit entities. Good governance benefits both types of entities equally. Regardless of an organization’s tax status, good governance begins with a high-quality…
What is risk? According to the Business Dictionary, risk is defined as: “A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through…
The National Council of Nonprofits deems the conflict of interest policy one of the most important policies that nonprofit organizations develop. It encourages nonprofit boards to put their conflict of interest policies in writing and to review the policies regularly.…
Nonprofit organizations play a vital role in improving the quality of life for people living in communities. Nonprofits provide many of the social services that fill the gaps that governments can’t or won’t provide. In those and other ways, nonprofit…
The Brown Act is essentially an Open Meetings Act that is specific to local governments and bodies in California. Other states have similar laws that pertain to state or local governmental bodies. The Brown Act supports one of the main…
Most states have open meetings acts that guarantee the public’s right to attend and participate in meetings where board directors of certain bodies make important decisions that directly affect people in the community. The Brown Act in California is a…
Nonprofit boards have needed tools to help manage their meetings for many decades. Up until the past decade or two, boards have needed to rely on manual tools to help them perform all of the necessary functions and activities. Boards…
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