Passion. It’s the favorite first ingredient in recipes for cooking up a great nonprofit board member. “Commitment to mission” or “passion for the cause” is included on almost every list of criteria for prospective board members. Amidst numerous other preferred…
Nonprofit organizations play an important role in society. Federal, state and local governments do their best to balance their income by providing services to citizens. Despite the best efforts of all three levels of government, there can never be enough…
Because there are a lot of similarities in the role of the board of trustees vs. board of directors, it’s common for people to use the terms interchangeably. Both positions have a strong role in governance. In higher education, the…
In the beginning, it’s easier to learn how to create a 501(c)(3) than most people think. Section 501(c)(3) is part of the U.S. Internal Revenue Code that provides exemptions of federal taxes for qualifying nonprofit organizations. The IRS, under the…
Much of what happens in board meetings is routine. There simply isn’t time to commit to all the legwork that needs to be done in each committee. It’s not necessary for all board members to be involved in all the…
Companies develop their leadership structure based on several things, including the company’s size, type of industry, geographical location, regulations and other criteria. The leadership hierarchy should be arranged so that the company has strong direction and accountability. Titles and ranks…
Well-organized companies and organizations begin planning board meetings as soon as the previous meeting ends. Other boards fly by the seat of their pants and throw an agenda together the week before the meeting. Board meetings are serious business. If…
Just as diverse boards bring many different and valuable perspectives to an organization, a diverse group of employees brings many benefits to a company for the same reasons. When organizations are receptive to them, a diverse population of employees and…
As someone who did not chair any of the four nonprofit boards that I observed this summer, I have great respect and admiration for those who did. I also have compassion, curiosity and some suggestions for them as dedicated, determined…
Shareholders and stakeholders develop confidence in their boards of directors more easily when they represent the people they serve. Multiple perspectives on issues foment creativity in the boardroom and prevent groupthink. It’s necessary for boards to disrupt the status quo…
©BOARDEFFECT 2019 • ALL RIGHTS RESERVED • PRIVACY POLICY
