If you work for a nonprofit organization, you know a strong board is a necessity. Nonprofit board members act as an organization’s fiduciary they can provide governance, review the executive director’s performance, and approve important policy decisions. That’s a lot of responsibility, so it’s important you get the right people for your board.
Becoming a nonprofit board member is a rewarding experience, but it can be overwhelming if there isn’t an effective onboarding process for new members. Studies have found that almost half of all nonprofit board members would say their organizations didn’t have a “defined onboarding process.” This is significant because a board member who is only half prepared is, at most, half effective.
Planning a nonprofit board retreat may sound like a huge undertaking, but it is a vital component of managing a board of directors. Since it
What’s your donor’s why? No, seriously. What is it? If you can’t answer that one question, you’re already fighting an uphill battle. I see it
Our culture has a lot of weird taboos about money. Americans don’t like to talk about money — or at least we hate to talk about how much money we make. It seems the more money people have, the quieter they are about it. Maybe we are confused, and think our net worth is tied to our self-worth. Or maybe we just don’t want to make anyone else feel bad.
Without a will your grieving loved ones will face the responsibility and expense of untangling your affairs while also speculating about your gift intentions.
Board members can (and should!) be involved with stewardship for your organization. Here are ways they can be involved as well as tips to maximize their communications with donors.
In the coming years, it is expected that an economic phenomenon dubbed The Great Wealth Transfer will shake markets up as baby boomer parents begin to leave their wealth and estates to their millennial children
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