Many nonprofits fail to respect the differences between directors and officers. When an individual holds both the position of director (i.e., board member) and an officer position (e.g., chair of the board), we often see such individual elected for only the officer position. It is then assumed that such person automatically also becomes a director, […]
Ask a Nonprofit Lawyer Part II: Governance & Bylaws May 10th, 6-7:30pm RSVP Here Are you a nonprofit board member who wants to better understand what your fiduciary duties are? Are you confused about what a nonprofit board’s roles and responsibilities should be versus those of management? Or are you forming a new nonprofit […]
A few months ago, Harvard Business Review published a great piece by Dominic Barton and Mark Wiseman titled Where Boards Fall Short. In the piece, the authors examined the ways in which boards of directors are failing their organizations and discussed areas in which we should begin to make changes regarding how we approach board […]
NEO Law Group posted its first YouTube video today on 2 minute tips for starting a nonprofit, beginning with a discussion of selecting the initial board of directors. We hope that you enjoy it and please stay tuned for additional 2 minute videos on tips related to nonprofits.
To close this series of posts, I offer some thoughts offered by other sources on board size: IRS (2009): “Attention should also be paid to the size of the board ensuring that it is the appropriate size to effectively make sure that the organization obeys tax laws, safeguards its charitable assets, and furthers its […]
While there seems to be wide agreement that there should be no laws that limit the maximum number of directors on the board of a nonprofit corporation, we all know that there is some number beyond which effective and responsible governance is impractical. That number may vary depending on the particular nonprofit and its directors. […]
“Was that wrong? Should I not have done that? I’m sorry, I’m gonna have to plead ignorance on this one, because if I had known that sort of thing was frowned upon …” – George (after having sex with the cleaning woman on his desk at work). Negligence is no defense for shoddy governance. Be educated […]