Stipulated Judgment Against Fiscal Sponsor for Misspending Donations

Fiscal sponsors must respect laws related to protecting assets restricted to furthering the charitable purposes of specific projects . If funds intended for a particular internal (Model A) project are diverted and used for other purposes (e.g., the fiscal sponsor’s general operating expenses), there may be legal repercussions. This was very recently exemplified in a […]

Where Nonprofit Boards Fall Short

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 […]