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 Benefits Of Challenge And Matching Gifts
The utilization of challenge and matching gifts remains a very good strategy for securing more gifts and larger gifts. The influencing power of these gifts is multifaceted. These gifts are motivating to those being challenged. They want to help the organization secure the full challenge or, in the case of the matching gift, add toRead More The Benefits Of Challenge And Matching Gifts
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”