It was a good news, bad news day at Equifax when they recently announced the breaking news of a steady rise in their most recent quarterly profits. However, another announcement the same day revealed that the ongoing investigation of the…
Citizens from all social classes invest their money in their favorite charities expecting it to make a difference. Their passion for a cause means it’s not just an investment in the organization’s finances; it’s an investment of the heart. In…
In the U.S., there are over 1.5 million not-for-profit corporations. Within this group, there are many different designations of nonprofit – determined by the IRS through its tax-exempt rulings. Beyond the basic IRS distinction, each type of nonprofit entity has…
All board members share the responsibility for a nonprofit organization’s financial health. The treasurer is an officer of the board. Like other board officers, the treasurer has additional responsibilities. It’s important for the treasurer to manage the financial matters of…
While it may appear that the treasurer of a nonprofit organization does nothing more than appear at the board meeting with the financial report in hand, many of the duties and responsibilities of a nonprofit treasurer happen behind the scenes.…
Board meetings become unproductive when there’s not enough time to thoroughly discuss issues in order to make good decisions for a nonprofit organization. Board directors find themselves rushing through the agenda, making decisions in haste along the way. Forming committees…
Have you ever left a board meeting with the evening’s discussions swirling around in your head, and yet you couldn’t remember anything that you talked about? Such experiences leave board members feeling like meetings are a waste of time. Board…
This article was written by Danielle Dyer for cues.org. To read the full version and access the March 2018 magazine please click here. A 90-minute recipe for facilitating good governance Board liaisons, “You’re not governing—but you are making sure governance…
The way that we’ve thought about governance is changing in nearly every realm and industry around the globe. Colleges and universities have largely let their senior managers run their institutions. Boards of trustees typically recruit dedicated and loyal alumni to…
Interconnectivity is a maze of opportunity that is also fraught with both seen and unseen risks. The web of threats and rewards is an equally challenging playing field for cyber-attackers, whose tricks and tactics are getting smarter and more sophisticated.…
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