What is governance and what does good governance mean for today’s boards of directors? Good governance of today accounts for longstanding governance practices, as well as modern governance principles. Both…
A board resolution is sometimes also called a corporate resolution. It’s a formal document that solidifies in writing important decisions that boards of directors make. Boards usually write up board…
The simple fact that Snopes exists tells us much about the world in which we live, work, and fundraise. A dominant fact-checking resource, Snopes was referenced under a recent Facebook…
All board directors have room for improvement. Self-evaluation tools are a great way to assess your board and how it interfaces with the executive director. Typically, boards do self-evaluations annually.…
Just as boards expect students to reach their fullest potential with the education the college provides, board members also need to strive to perform at their peak in overseeing the…
When a board resolves to do something or say something that they want to have memorialized in writing, they write up a corporate resolution in the proper format and vote…
Advancements in technology have made it easier for nonprofit boards to do many of their tasks more efficiently and with a greater degree of security. A nonprofit’s website is the…
A conflict of interest occurs when an individual or an entity has a clash between personal and professional duties or responsibilities and that clash gives them the benefit of personal…
Electronic file-sharing platforms are growing in popularity and use because they conveniently scale down large files to make them easier to share electronically. The introduction of file-sharing apps was good…
With advances in technology, risk and risk management should be major issues for boards. Unlike many other board issues, the topic of risk management requires expertise on some level. In…
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