Posts Tagged ‘Board of directors’
How to Start a Nonprofit: A Practical Guide for Nonprofit Founders
If you’re here, I’m guessing you have the vision and passion to make a difference. Maybe it’s the lack of after-school programs, gaps in mental health services, or disappearing green spaces in your community. You’re ready to move beyond volunteering and create something permanent: a nonprofit organization that can accept tax-deductible donations, apply for grants,…
Read MoreIs There a Nonprofit Founder Veto Power? Understanding Roles and Votes
Quick answer There is no such thing as nonprofit founder veto power. The founder or board president has no special or extra power over the nonprofit. Board decisions are made collectively, with each director holding one vote, regardless of title or founder status. Key takeaways Nonprofit boards act as a group Founders have one vote,…
Read MoreThree Nonprofit Committees Every Organization Needs
Nonprofits – let’s stop the committee madness! Whether you’re a brand-new nonprofit setting up your governance or an existing org with a million committees (Executive, Finance, Personnel, Development, Fundraising, Marketing, etc.) – this article is for you. Committees function within the board’s governance framework. For context, see Nonprofit Boards, Bylaws, and Policies. I see it…
Read MoreWhat is a Conflict of Interest Policy and Why Does your Nonprofit Need One?
We hear the term “conflict of interest” thrown around ALL the time. But what does that actually mean for a nonprofit? And why do you need a conflict of interest policy? Quick Summary Conflicts of interest aren’t a “bad” thing, but it does matter how nonprofits manage them. A conflict of interest happens when someone’s…
Read MoreBuilding Strong Nonprofit Governance: Boards, Bylaws, and Policies
Starting a nonprofit takes passion and drive. But it’s not just drafting mission statements and building relationships. To build something that lasts, you’ll also need to focus on the less glamorous but equally critical paperwork. Something that often gets overlooked by founders? Your nonprofit governance. The board structure, nonprofit bylaws, and policies and procedures aren’t…
Read MoreBoard Resolution
What is it? This wizard will generate a Board Resolution.
Read MoreSurvey Says…
There are several different topics in the nonprofit sector that can reliably kick up some drama, and today we’re talking about a big one – nonprofit executive compensation. How much money should a nonprofit leader be paid? How much is too much, or too little? And what the heck is a “rebuttable presumption of reasonableness”???…
Read MoreHow should our members vote – by voice or ballot?
Voice votes should not be used for voting members of your nonprofit. Voice vote does not comply with Minn. Stat. 317A. Legally, the organization must maintain a roster of its members; and the right to vote is only conferred on those with voting rights under the statute and the bylaws. Therefore, we have an obligation to ensure…
Read MoreCan board members abstain from voting on nonprofit business?
Question: Some of our board members plan to abstain from voting on a contentious issue at our next board meeting. Can we have a rule to prevent abstention? We should not allow abstaining because it is a bad practice on nonprofit boards. I’ve worked with many nonprofits, and board members often abstain as a way to…
Read MoreCan we do business without all 3 of our board members present?
Question: We have 3 board members, which is the minimum number required by our state. One of our board members needs to take an extended medical leave. With only 2 of our 3 board members available, do we need to wait to do business until they return? Yes, the board can keep moving forward! All you…
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