Never Accept The Treasurer’s Report
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With all the recent emphasis about the responsibility of a non-profit board to practice good governance and oversight it may come as a surprise to learn that refraining from approving the treasurer’s report on the financial status of the organization is the most responsible course. During a board meeting there are a lot of items on the agenda upon which members will make motions to accept and vote on, but the treasurer’s report should not ...
What’s Up With Event Liability Insurance
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If you try to hold an event somewhere, you will most likely be asked to provide general liability insurance coverage for the event. If you are an established company that already has insurance coverage for your daily operations, your insurance agent can often arrange for coverage to extend to the venue for the period of your event. Typically a venue will ask to be named as additionally insured on the certificate of insurance. Fractured Atlas ...
Financial Resources For New Executives
I have been serving as Interim Executive Director for several months after our ED retired here at the Chattanooga Symphony & Opera. It has been an eye-opening experience; luckily, my board chair introduced me recently to a website that has great tools and resources for accounting and finance.
Thank you for the authoritative read on this issue. To me, being able to actually see the icon in the…