A simple email can put your organization and its financial stability at risk. Consider this scenario: Every board member receives an email, which appears to come from the nonprofit’s board secretary. The email was personally addressed to each board…
Nonprofit leaders know that every dollar counts, and so does every decision. While you focus on delivering services that support your organization’s mission, you may overlook this question: Does your nonprofit need liability insurance? The answer? Yes. Whether organizing…
If you are building a new organization or finding that your current board’s role isn’t quite taking you in the right direction, it’s important to understand: there is no single correct way to set up a board of directors.…
Building a diverse, skilled board is a priority for each nonprofit or mission-driven organization. But, as experienced as they may be, board members can still benefit from expert support, whether it comes in the form of a Greek chorus,…
Every board member plans to attend board meetings and vote in person. But that’s not always possible. When it isn’t, a proxy provides a process that works much like an absentee ballot. Proxy votes allow board directors to have…
It can cost five times as much to acquire a new donor than to retain one, but three out of four new donors leave and never return. These are the challenges of nonprofit stewardship. If your organization has been…
A board decision puts the organization’s tax-exempt status in question. Inadequate documentation of expenses violates a grant requirement. A board member fails to follow email security protocol, resulting in a serious data breach. These are examples of a nonprofit…
Avoiding conflicts of interest may feel like running through video game levels — Super Mario-style — for nonprofit board members. It’s understandable. Board members are recruited because of their well-rounded experiences, professional connections and involvement in their communities. These…
Embezzlement represents a betrayal at any organization, but for a mission-driven one, the theft of funds by an insider can hit extra hard. Lost money may not be fully recoverable, and with it disappears the potential to help your…
Getting the right people with the right skillsets on your board is one of the most important decisions that board directors can make. It seems simple enough on the surface, although getting the right people and skills for your…
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