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Governance

Unanimous Written Consent
Governance

Voting by Unanimous Written Consent

Occasionally, urgent board action is required yet it is not possible or practical to have the board meet in person or even over the telephone. In these cases, most states permit the board members to conduct official business by signing a unanimous written consent.

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Nonprofit Consent Agendas
Governance

What is a Consent Agenda?

A consent agenda is a practice of bundling routine matters into one board vote to free up a nonprofit board’s meeting time to focus on

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voting members
Governance

The Trouble with Voting Members

Many nonprofits, especially older nonprofits, have voting members that retain the power to elect board members. For some groups – like golf clubs and trade associations

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Nonprofit Cash Reserves
Governance

Nonprofit Cash Reserves

How much should nonprofits aim to hold in cash reserves? Because nonprofits exist to advance their mission, rather than to turn a profit, questions about

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Directors vs. Officers
Governance

Nonprofit Directors vs. Officers

Nonprofits run more effectively with a well-functioning board of directors and clearly defined officer roles. Yet there can be confusion between the two different roles,

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