The fact that your board is having a discussion about forming an advisory board is a good indication that it’s time to put the issue on your board’s agenda for discussion. You never know what experiences and perspectives your fellow…
When you serve on a nonprofit board, you’re invested in the cause and naturally, you want to give your best performance to ensure your nonprofit thrives. Best practices for governance suggest that boards, including nonprofit boards, should do nonprofit board…
The onset of COVID-19 abruptly forced nonprofits to start meeting virtually. For many nonprofit organizations, the transition was anything but smooth. Prior to the emergence of the virus, many nonprofits met virtually only as necessary, if at all. What’s more…
The structure of nonprofits varies in many ways and that has a major impact on CEO compensation for nonprofit organizations. It’s impossible to establish one-size-fits-all CEO compensation packages. In fact, large numbers of nonprofit CEOs don’t get financial compensation of…
Strong leadership is vital for nonprofits and succession planning helps you maintain that. Key board members and executive leaders play key roles in the health of your organization. Often, it’s only when a key leader is absent that board members,…
ESG, or environmental, social, and governance, is an issue that’s making big waves, and ESG for nonprofits is getting its share of attention as well. Society’s emphasis on preserving the environment is having an impact on virtually all types of…
The demographics of nonprofit boards tend to follow the trends of corporate boards. In recent years, corporate boards are recruiting more women for their boards and they’re having good success. There’s also a move to recruit different ethnicities to boards…
Imagine a nonprofit facing the daunting task of expanding its reach amidst growing demand for its services. As the board convenes to discuss the path forward, the role of committees becomes crucial. A finance committee dives into the numbers,…
Document sharing apps are just one of the many digital tools that effective boards need to manage their organizations in the most efficient, secure way. Your board isn’t alone in encountering various circumstances that call your attention to the need…
In recent months, virtual meetings have become a necessity for organizations of every type because of COVID-19. If virtual meetings are new for your organization, you’re probably learning some of the nuances that make virtual meetings different from in-person meetings.…
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