Nonprofit Board Best Practices and the Fiduciary Responsibility
A key ingredient for a nonprofit to be successful is solid board governance. UMB Bank's Susan Teson provides best practices for a successful board and how the board can fulfill its necessary fiduciary duties.
Ties that Bind?
While network ties of board members are but one variable in a complex explanation of what contributes to grant success, connections of a nonprofit board members are helpful to a nonprofit’s success in garnering needed resources.
Now, like no time in our history, board members need to lead with courage and not be deterred by labels of being meddlesome.
Closing Down the Nonprofit Organization
Whether they’ve fulfilled their mission or become insolvent, a board of directors remains accountable when nonprofits close down. Board members must act in good faith and exercise their requisite legal duties of care and loyalty to the corporation. This may constrain them in what they can do or say to others. Closings may occur in a pressure packed and compressed time frame which can create misunderstandings and heated emotions in what often is a painful and messy process.
Fundraising mistakes we make with our boards
Veteran fundraising consultant Gail Perry explores five common mistakes that cause board members to back off when they should be pitching in.
Make marketing a board priority
Education, planning and evaluation can help a nonprofit board of directors see the benefits of marketing.
Women aspire to for-profit boards
Women executives on nonprofit boards aspire to serve on for-profit boards, where they are dramatically underrepresented, a new survey says.
Re-activating nonprofit boards
Stimulating an inactive board is easier than it seems, and all about mission, says Frank Omowale Satterwhite, chair of the Alliance for Nonprofit Management.
Five join Reynolds advisory panel
The Z. Smith Reynolds Foundation has named five North Carolinians to serve on its Advisory Panel.
Board role in leadership transitions
When your chief exec announces she's leaving, all eyes turn to the board, says Tim Wolfred, director of the Executive Transitions program at CompassPoint.