Posts Tagged ‘veto power’
Is 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 MoreDo 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 this a little bit. One of the things I’ve noticed in working with nonprofits is the confusion people have about this role. It’s not at…
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