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What Your Nonprofit Board Should Know About Pay Equity

As you accept a nonprofit board position, you may already know that executive compensation is one of the board’s most important duties. Creating attractive and reasonable compensation packages, practicing transparency,…

Modern Governance in Action: Examples from the BoardEffect Community

The technology, processes and skills that today’s organizations need are evolving with the pace of change. Organizations must be all at once more informed, more secure, more collaborative, and more transparent. Modern…

Creating an Amendment to Nonprofit Bylaws

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…

A Comprehensive Guide to Higher Education Budgeting Models

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…

Steps to Create a Nonprofit Social Media Policy

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…

How to create a sustainable organizational culture for your nonprofit

As board members and volunteers rotate in and out, the task of how to create a sustainable organizational culture for nonprofits and keep the momentum going is challenging at best.…

The Ins and Outs of Internal Controls for Nonprofits

For any board of directors, internal controls for nonprofits prevent nightmares like waking up to discover missing money from the organization’s bank account or a rash of phone calls from…

Must-Have Succession Planning Tools for Nonprofit Boards

The leaders you count on today may not be able to fulfill their duties tomorrow, and the right succession planning tools make the task of planning for successive leadership efficient…

Common 501(c)(3) Rules and Regulations

The government recognizes that charitable and certain other types of organizations provide valuable community services that would be impossible for the government to provide using taxpayer funds. While the government…

ESG Investing: Everything Nonprofits Need to Know

Nonprofits tend to follow many of the same governance practices as for-profit corporations. That makes perfect sense since nonprofit boards have just as much responsibility and liability as corporate boards.…