Not-for-profit and charity boards may sometimes need to make a board resolution - something that formalises — in writing — the critical decisions made by members in board meetings. If you are not familiar with what resolutions are and…
What does it take to make nonprofit boards work better? First, you have to understand why board effectiveness matters. In this article we explore why effectiveness matters for nonprofit boards, and also where governance – as a field -- is…
When volunteer board members choose to invest their time in an organisation they want to feel their participation is valuable and that they are making a difference. Likewise, their time is also valuable, and holding efficient board meetings that…
If you’re like most people, checking your email is part of your morning routine. With the average person getting over 121 business emails per day, there’s a lot of information to sift through. Now add in your personal and…
Building an effective board of directors is a critical part of governance that has a profound impact on the organisation. To have board effectiveness, a nonprofit’s purpose, process, structure, and people must all be in alignment. Yet how can you…
Nonprofits are currently experiencing a tough time, particularly with the economic downturn, which may have impacted donations and support, along with rising operational costs. The trends of declining fundraising and rising operating costs are expected to continue, according to…
By the very nature of finance, credit unions and community banks hold a considerable amount of personal information. Such a vast amount of data and its sensitivity is a goldmine in the hands of a cybercriminal, making cyber risk…
Boards are responsible for the who, what, when, where, and why of the organisations they serve. Prescribing a purpose to a charity or not-for-profit organisation is a public commitment to prioritising that organisation’s goals. Boards that outline their goals…
Experts gathered to share their insights on board effectiveness at a recent webinar, “Increasing Board Effectiveness”, hosted by BoardEffect. Watch the full 30-minute webinar to find how your board can take a modern governance approach to ensuring board effectiveness.…
‘Ex officio’ refers to a person who holds a particular position or office and is therefore entitled to certain duties or privileges without additional authorisation. There is generally some degree of confusion surrounding the ex officio meaning and role…
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