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Guidelines For Board Members

An executive director was bemoaning the executive committee’s decision to develop guidelines for board engagement. He didn’t have to tell me that the board already had sufficient guidelines in its trusteeship letter of agreement. Typically, guidelines for board engagement are separate from policies governing conflict of interest, ethics, and matters of fiduciary responsibility. Board engagementRead More Guidelines For Board Members

The Power of “For”

I was at an educational session recently where the topic was nonprofit financing.  It was a robust discussion about the use of capital, creation of endowments, financing growth, etc.  The primary focus of the speaker was on the area of “growth capital” and the idea that, perhaps, too much of the equity in the nonprofitRead More The Power of “For”