Nonprofit Board Membership: What Does It Entail?
Every nonprofit organization establishes roots. Some organizations thrive and live on. Others fail and are short-lived. When there is passion for a cause or an issue, nonprofit organizations can have…
How a Company Secretary Should Prepare for a Board Meeting
Private companies are not subject to the strict regulations that publicly traded corporations must abide by, but recent regulatory changes are casting a stronger light on the role of the…
How a Board Secretary Should Help Onboard a New Nonprofit Board Member
When you don’t know who to ask—ask the board secretary. Board secretaries tend to be the “go to” people who can either help you directly or tell you where to…
Sitting on a Private vs. a Public Board: Is It Really That Different?
Reviewing the board packet, attending meetings, approving financial reports and serving on committees — these are all responsibilities that board directors of non-profit, private and public corporations can expect to…
Commitment and Quality Training Are the Keys to Effective Non-Profit Boards
Every non-profit organization begins with the spark of an idea of a community need that doesn’t currently exist. You might be surprised to learn that some of the most prominent…
Non-Profit Corporate Governance: The Role of the Board
In rare instances, non-profit board directors get paid for their time, but by and large, they serve as volunteers without pay. Non-profit board directors usually have a special connection to…
Board Member Responsibilities: A New and Evolving Purview
We can only define the responsibilities of a board member when we know the type of board on which the director serves. For legal purposes, nonprofit organizations are corporations, just…
Where Entity Management and Cybersecurity Meet Risk Management
Entity management and cybersecurity have long been viewed as having separate and distinct roles in relation to risk management. As the global economic climate progresses, the two roles are increasingly…
Boards for Corporations, Nonprofit Corporations, Foundations and Hybrids: What’s the Difference?
Laws and regulations set the standards for corporations to have boards of directors. Chartered or registered boards fall into the category of corporations, even though they don’t make or distribute…
It’s Clear That the Board Transparency of Today Has Many Looks
There’s no question that the economic crisis of 2008 helped to reshape transparency within for-profit and nonprofit organizations. Organizational leaders in transparency go beyond the legal definition of accountability, transparency…
