Diversity and inclusion are important Issues for all organizations to consider, and they’re especially important for nonprofit organizations because of how closely nonprofits are connected with their communities. If your board is willing to make a commitment to diversity and…
Risk management is an important way to demonstrate to donors and other stakeholders that nonprofit boards are using their resources wisely and ethically. Financial loss and other types of fraud can cause your nonprofit to lose donors, damage your nonprofit’s…
While nonprofit organizations play a vital role in their communities, they don't always have the resources to do all the work they want to do. Advancements in technology have given nonprofits new ways to partner with corporations and other nonprofits…
Board members of community banks regularly handle highly confidential information. The relationships that community banks have with their community are very important, and they can be a key to the bank's success. Community banks need to have a good understanding…
As needs within communities have grown, the number of nonprofit organizations has grown along with them. Nonprofits have grown about 20% in recent decades. The growth of nonprofits, along with concern over how they’re being governed has prompted greater scrutiny…
With so much change going on in the world today, it’s clear that an intricate web of disruptive factors for nonprofits is a prime issue for nonprofit boards. Changes in society, the global economy, and technology are the leading forces…
The social impact of any great leader is generally pretty evident, especially when you give it scope and retrospect. That's just one reason why nonprofit board members should be familiar with a variety of leadership styles including the transformational leadership…
Regardless of your nonprofit’s size and no matter what types of services it offers, it's essential to adopt financial policies and procedures. There are many benefits for your nonprofit in having formal financial policies and procedures. More importantly, there are…
Nonprofit organizations play a very important role in our society. The intent of the nonprofit design is to serve the public by delivering goods and services to communities that various levels of the government can’t or won’t provide to citizens.…
So many advancements have been occurring in the healthcare industry, they've been difficult to keep up with. Medicare introduced a coding system for billing. Advances in technology inspired the introduction of electronic medical records, which have now become standard practice.…
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