Most organizational founders of nonprofit organizations find that setting up a nonprofit organization is a bit daunting, at least in the beginning. One of the necessary tasks is writing the organization’s bylaws. The bylaws serve as a guidebook for the…
Nonprofit boards don’t often talk much about their conflict of interest policies, but perhaps they should. Most board directors are busy people who have many personal interests and are involved in many other personal and business activities. The business of…
Generally, a resolution is something that a group resolves or agrees to do. As it pertains to boards of directors, the outcome of a vote could be called a resolution. Certain situations call for something stronger than a vote. In…
Robert’s Rules of Order is a manual of parliamentary procedure that governs most organizations with boards of directors. In 1876, Henry Martyn Robert adapted the rules and practices of Congress to the needs of non-legislative bodies and wrote them in…
Banks and credit unions have many similarities and a few distinct differences. Banks and credit unions offer many of the same services, such as checking and savings accounts for individuals and businesses, money market accounts, certificates of deposit, loans and…
The founding directors of a nonprofit organization are motivated by their passion for a cause, so it stands to reason that they put a lot of heart and soul into their mission statements. Nonprofits attract members or donors of nonprofits…
Board meetings usually have jam-packed agendas. It’s nearly impossible to dedicate enough time to thoroughly vet and discuss every agenda item. When board discussions take up too much of the board meeting time, it’s generally best to move the item…
Most people get suspicious about the things they can’t see or hear. The financial crisis of 2008 and some bad headlines have made the general public more knowledgeable and observant than ever before. As a result, they’ve also become more…
Best practices for governance give us some general guidelines about the expectations for the individual who serves in the role of executive director. The guidelines are broad because every organization has different and unique needs. A one-size-fits-all approach to the…
The advancement of technology has brought risks of data breaches worldwide. While we’re not seeing any sort of global authority on how to handle data breaches, countries across the globe are taking various forms of action. Some countries are making…