In the majority of nonprofit organizations, Board members are unpaid volunteers. They are often selected to serve because of their professional skills and prominence in
Proxy voting is rising in popularity due to the pandemic. Now more than ever, there are times when directors and/or members can’t attend a meeting
Many nonprofits mistakenly believe that they are required to use Robert’s Rules of Order to conduct meetings. They also commonly operate under the misnomer that
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
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,
What are the differences among regular, special, annual, and organizational nonprofit board meetings? To the new nonprofit director, the various types of nonprofit board meetings
By now most family offices and private foundations have heard the story about Archegos Capital. In effect, Archegos operated similarly to a traditional hedge fund—making
The person tasked with taking the minutes should word them in a Nonprofit meeting minutes should consist of a clear, accurate, and complete report of all business transacted.
Many board members question the proper function of a nonprofit executive committee. Nonprofits need a strong organizational structure to ensure optimal functioning and adherence to
Today, many charities are unable or unwilling to hold board meetings or membership meetings in person due to the pandemic and social distancing requirements and are considering, perhaps for the first time, holding their meetings electronically. In between the complexity of mastering Zoom and figuring out the most flattering lighting, many may not realize that their organization’s articles or bylaws do not permit virtual meetings.Â
Most states require you to register your organization if you solicit donations from their residents. Many states also require registration if your organization collects substantial or ongoing donations from their residents, even if you aren’t specifically targeting donors in that state. Download our comprehensive list of each state’s requirements.
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