Times are still tough for nonprofits. And many boards are grappling with the question of whether their organizations should be shut down. Here is a quick list of 10 considerations for nonprofit boards thinking about dissolving their organizations: Can we continue to advance our mission effectively and efficiently? Do...
Nonprofit Tweets of the Week – May 13, 2011
The big news on the nonprofit exempt organizations front this week, the IRS decision to go after certain donors to 501(c)(4) social welfare organizations for gift taxes. The IRS states this is not politically motivated, but it sure seems like a reaction to last year's Citizens United Supreme Court decision....
The Profitable Side of Nonprofits – Part II: Different Legal Structures
What begins as a revenue generating idea for a nonprofit can sometimes develop into a larger endeavor, possibly requiring consideration of a subsidiary to house the planned activities. Many times, these are activities that mix social and business purposes, and the programs or entities that operate them are often...
Nonprofit Tweets of the Week – May 6, 2011
Big news of the week: the death of Osama bin Laden and the royal wedding. They have become two of the biggest news stories of the 21st century according to Global Language Monitor. Here are some of my favorite tweets of the week in the areas of nonprofit...
The Profitable Side of Nonprofits – Part I: Earned Income
Recently, there has been much discussion about how business can take on a nonprofit flavor through social enterprise and new hybrid legal structures. Here, we would like to take a look at the profitable side of nonprofits in Part I and its relation to different legal structures in Part...
Highlights of the BoardSource Nonprofit Governance Index 2010
The BoardSource Nonprofit Governance Index 2010, released at the 2010 Leadership Forum in San Francisco, reports on data collected from surveys of 978 chief executives and 780 board members (all BoardSource members as of the survey date). While the sampling methodology did not allow for results that are representative of...
Nonprofit Tweets of the Week – April 29, 2011
Here are some of my favorite posts of the week in the areas of nonprofit organizations, corporate governance, philanthropy, and social enterprises: IndSector: Check out our NEW Resource Center for Good Governance & Ethical Practice! http://ow.ly/4Bimi npquarterly: Jeanne Bell proposes expanded role for board finance committees – beyond oversight,...
Three Cups of Tea Scandal Offers Lessons for Charities & Trustees
Teaching moment? Read our opinion piece in The Chronicle of Philanthropy, Three Cups of Tea Scandal Offers Lessons for Charities and Trustees. Here’s a teaser: Consider public expectations in every report and publication. View the informational tax return as a public-disclosure document, not just an IRS form. Watch for...
Nonprofit Tweets of the Week – April 22, 2011
It's Earth Day! Big news over the past week had to do with Greg Mortenson, author of the best selling book Three Cups of Tea, and investigations of his truthfulness and the charity he founded. Our article on lessons learned from the Mortenson scandal will hopefully be published in...
Advisory Board v. Board of Directors – A Distinction with a Difference
A nonprofit corporation is required to have a board of directors. States can vary among respective requirements of a board of directors but the general idea is the same: there must be a board of directors that serves as the ultimate governing body of the corporation. In addition to...