The Functions of a Risk Committee for Your Nonprofit
Boards encounter many different types of risks of varying degrees while managing a nonprofit organization. In fact, the founding board took a huge risk in starting the organization in the…
Nonprofit Board Meeting Agenda Sample
With so many changes occurring in our world at the same time, it’s truly becoming a different world. Extreme changes in the economy and society, as well as the influence…
New Changes to the Nonprofit Revitalization Act
The Nonprofit Revitalization Act is a New York State law that was passed in 2013. It was the first attempt at revising the New York State Not-for-Profit Corporation Law (NPCL),…
How Does a Board of Directors Assist in Startup Funding?
Getting a board of directors together and submitting all the forms and fees to start up an organization is a good place to begin. Soon after, boards need to work…
Should Tech-Savviness Be a Requirement When Recruiting Nonprofit Board Directors?
Technology helps nearly every industry with operations and administration, but we don’t think of it in relation to nonprofit organizations quite so much. Perhaps that’s because we first think of…
Nonprofit Organizations: Understanding D&O
Governance has a whole new set of acronyms for new board directors to get used to. One acronym that inexperienced board directors of nonprofit organizations will hear a lot is…
How Do Corporate Governance Structures Work in the Nonprofit Realm?
The basic principles of good corporate governance apply equally to nonprofit entities as they do for public or for-profit entities. Good governance benefits both types of entities equally. Regardless of…
Risk Assessment: A Template for Nonprofit Boards
What is risk? According to the Business Dictionary, risk is defined as: “A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by…
How to Recruit the Right Nonprofit Board Members
Nonprofit organizations play a vital role in improving the quality of life for people living in communities. Nonprofits provide many of the social services that fill the gaps that governments…
Conducting Board Evaluations in a 501(c)(3)
Behind every successful and prosperous 501(c)(3) is a healthy, vibrant and energized board. Board evaluations are a viable tool to help boards maintain their vitality. By taking what they learn…
