Nonprofit organizations face known and unknown risks just like any other business or organization. A proactive board can the mitigate most common risks. Part of a board’s work entails understanding risk and being able to identify it. By proactively…
National Senior Citizen’s Day recognizes senior citizens’ contributions to our society. As health begins to decline in later years, good health and maintaining a sense of independence take on new priorities for seniors. Adding to their worries, the annual financial cost of healthcare continues to rise. Although seniors may have planned well for their retirement…
With the school year fast approaching, higher education boards are busy preparing for students return to campus. With that in mind, here is an overview of board roles and responsibilities at universities. College graduates take pride in their alma mater…
About the Author Dottie Schindlinger, Executive Director of the Diligent Institute – the corporate governance research arm and think tank of Diligent – was a founding team member of BoardEffect. She will be the emcee of this year’s Modern Governance Summit, the world’s premier gathering of governance, risk, audit, compliance and ESG professionals, taking place…
Peer-to-peer fundraising breaks the mold of traditional fundraising models for nonprofits. How well does peer-to-peer fundraising work? Statistics from Fundly show that with every 100 Facebook friends a fundraiser has, your peer-to-peer fundraiser has a 20% increased chance of success. Sharing is…
The uncertainty and volatility of the economy have drastically changed how all industries view risk, including credit unions. In past decades, credit unions and other financial corporations relied heavily on forecasts and projections to manage their daily operations. In…
As a healthcare board member, your role is pivotal in guiding your nonprofit organization towards success and delivering high-quality care. With strategic oversight and fiduciary duties, you serve as a crucial decision-maker, safeguarding the interests of patients, staff, and…
As a nonprofit healthcare board member, in our rapidly evolving healthcare landscape, your education becomes a vital pillar for organizational success. Facing complex challenges, having a good understanding of healthcare trends, regulations, and best practices is paramount. This blog…
Nonprofit boards recruit board members intending to choose the best candidates to lead the organization, but have you considered what serving on a nonprofit board can do for you? The experience of serving on a nonprofit board is valuable in…
With the right data sharing platform, your nonprofit can successfully protect against hidden cybersecurity risks. Why is that important for your nonprofit board? Because a hacker is succeeding on the internet every 39 seconds, and they’re stealing 75 records…
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