Cornerstone Content
Do Board Presidents Get Veto Power?
The quick answer to this is NO. The President or Board Chair doesn't have any special powers or additional authority over the rest of the board. But let's dig into...
How to Communicate About ‘Overhead’ the SMART Way
You know what I’m talking about, the pie chart you see on annual reports from nonprofits all the time that show a lot of money going to “programs” and a...
Can We Pay Our Fundraiser a Commission?
It is NOT appropriate for a nonprofit to compensate a fundraising professional based on a percentage of the money raised. See Standard #21 of the AFP Code of Ethical Principles...
The Three Committee Structure – Why and How
Many nonprofit organizations have too many board committees. Worse, they rarely get much accomplished. A typical nonprofit has several committees, Finance, Personnel, Development, and of course (my lease favorite) the...
Internal Controls 101
I work with a lot of emerging and small nonprofit organizations. One of the first things I try to teach nonprofit leaders is the importance of internal controls. In this...
Why You Need Directors & Officers Insurance
A lot of the people I meet with are surprised when I tell them to talk with an insurance agent when they start a nonprofit. For some reason, there’s this...
What Does “Nonprofit” Really Mean Anyway?
Time to bust a MAJOR nonprofit myths. Ready? Nonprofit is a tax status, NOT a business plan. Ok, but what does that really mean? Just because you started a nonprofit...
I Just Started a Nonprofit… Do I Need Nonprofit Insurance? Part 2
Looking for part one? Read it here! So you’ve started a nonprofit, you have everything in place, and you even saw my conversation with Tom Wertish about D&O insurance. All...
Nonprofit Tax Status: What Does it Really Mean Anyway?
Time to bust some MAJOR nonprofit myths. Ready? Because it is more than just nonprofit tax status? (more…)
