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…
Since the 1980s, college tuition and fees have risen nearly twice as fast as inflation. That fact might lead some to believe tuition funds are the driving force behind budgets for higher education institutions, but that’s false. Tuition costs only…
The media is reporting on ESG matters ubiquitously, and that should spark the interest of your community bank board. It’s been hard not to take notice of the recent climate-related events such as extreme floods, massive wildfires, tornadoes, and hurricanes…
If your organization is looking for a modern, convenient way to fundraise, text donations for nonprofits is something new and innovative for your board to consider. With thousands of fundraisers for various nonprofits going on all the time, it can…
Social media platforms are excellent vehicles for storytelling and creating awareness, yet, without a nonprofit social media policy in place, your board could be in for some unexpected problems. Just under 4 billion people use social media in the world.…
©BOARDEFFECT 2025 • ALL RIGHTS RESERVED • PRIVACY POLICY