Your Small Non-Profit Needs D&O Insurance Too
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Do I Really Need Directors and Officers Insurance? You may hear about Directors and Officers Insurance (D&O) and think only really large non-profits that deal with hundreds of millions of dollars in transactions a year, engage in complex business dealing or are exposed to risk, (like hospitals), require that type of insurance. According to Nonprofits Insurance Alliance Group which primary covers small to medium sized non-profits, the vast majority of legal actions brought against non-profits ...
Give Your Consent To Shorter Board Meetings
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If there is one thing people hate, it is long, protracted board meetings. It may well be one of the factors keeping you from establishing a quorum at meetings. One of the easiest solutions is to implement a consent agenda. What that does is package routine items like committee reports; financial reports; staff hires requiring approval; items needing no discussion, but requiring board approval, into one agenda item. With a single vote, the board disposes ...
Out, Damned Bylaw!
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A few years back Ellis Carter made two helpful posts on her Charity Lawyer Blog about what to Include and Exclude from Non-Profit organization bylaws. The exclude list may be the more valuable of the two lists because it is applicable to groups who are just starting out as well as existing organizations who could use a revamp of their bylaws. Having participated in rewriting bylaws for two organizations in the last five years or ...
Thank you for the authoritative read on this issue. To me, being able to actually see the icon in the…