9.24.18 NC News
The North Carolina Arts Council awards grants totaling more than $7.2 million, HandsOn Northwest North Carolina hosts 'Governance,' the North Carolina Bar Association Young Lawyers Division sets up toll-free legal aid hotline for Hurricane Florence survivors, and more.
Five tips for running an effective charitable foundation
Foundations should consider measurement, strategy, good governance and collaboration when looking to increase their effectiveness. Oftentimes, this involves focusing less on the altruistic side of giving and more on how to achieve impact.
Nonprofit Governance Index 2012 Suggests Some Positive Trends and Continued Concerns
Nonprofits appear to be bouncing back, according to BoardSource’s Nonprofit Governance Index 2012. Compared to what was happening in 2010, nonprofits are launching more new programs and initiatives. Fewer nonprofits are cutting or freezing salaries.
Matching SOX for good governance
Nonprofits can use guidelines from the Sarbanes-Oxley Act to improve policies and practices, to strengthen internal controls and financial management, and to build public trust.
Charity accountability standards revised
The new guidelines allow Minnesota nonprofits to spend a greater portion of their funds on administration and fundraising.
IRS recommends governance policies
Sound nonprofit governance, while not dictated by federal tax law, is important to successfully operate tax-exempt groups, the IRS says.
Get ready for the new Form 990
Lawyers Thomas Chomicz and Elaine Waterhouse Wilson explain the new Form 990 and a few issues all groups should consider in reviewing their bookkeeping practices this year.
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.
A grab-bag of assorted issues that BoardSource believes every good board member should know.
Nonprofit strategic planning
Establish clear impact goals, methods to achieve them, and measures to evaluate them.