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…
Nonprofits need strong leadership and that comes with a price. Yet, donors generally pass over nonprofits that seek funds to pay for executive compensation. That means funds have to come from somewhere else. Nonprofit boards need to find ways to…
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…
Your board’s commitment to creating a board diversity policy is such an important task that you’ll want to get it right. A sample board diversity policy or template can help you do that. A template for a board diversity policy…
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…
Nonprofit organizations provide essential public services. Board members of nonprofits need a roadmap to help them meet the needs of their communities by fulfilling their mission and stated purpose. The board’s role in developing a strategy plan is to set…
Nonprofit boards operate largely under the same rules. The rules for nonprofit board committees were intentionally designed to be broad to accommodate the wide variety of sizes and purposes of nonprofit organizations. A nonprofit’s bylaws describe the types of standing…
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