Leadership of the Board Chair in Creating Board Culture

Posted by Mindy R. Wertheimer, Ph.D., LCSW on Jun 2, 2016 8:00:00 AM

Are you the next or the new board chair? Thinking about it in your future? Routinely, a new board chair begins to receive advice – and warnings – from others such as “but we have always done it that way,” or “don’t rock the boat” and, on the flip side, “breathe new life into our board” or...


Topics: Culture, Board Chair

Is Nonprofit Planning an Oxymoron?

Posted by Hardy Smith on May 26, 2016 9:18:05 AM

When I ask audiences of nonprofit leaders to indicate how many of them engage in strategic planning, have an annual action plan, or make time to plan out the projects and activities that are critical to their success, the all too familiar response is that many don’t.

Ironically, those same...


Topics: strategic planning

Reassuring level of knowledge revealed by nonprofit financial literacy quiz

Chris Thompson, BoardSource’s numbers guy (and experienced ATM user) explores what can be learned from our recent financial literacy quiz.

Of the 10 basic board responsibilities, “finance” appears prominently in two of them: “ensuring adequate financial resources” and “protecting assets and...


Topics: financial oversight

Six Steps to Improve Board Financial Oversight

Posted by Bob Wittig on May 16, 2016 10:00:00 AM

Financial oversight is probably one of the most important board responsibilities. It’s important because an organization’s nonprofit status can come with some really nice benefits that may include:

  • no income taxes
  • no sales taxes
  • no property taxes
  • donations to the organization are tax-deductible

Topics: financial oversight

Leading with Intent Comes of Age: A glimpse at what 21 years of change in nonprofit governance looks like

In 1994, Amazon was launched, the infamous Lorena Bobbitt went on trial and was found temporarily insane, Michael Jackson married Elvis’s daughter, and Howard Stern ran for governor of New York. Given such momentous cultural milestones, it is hardly surprising that the first-ever BoardSource...


Topics: Leading with Intent

Freeing Nonprofits from Their Risk-Averse Shackles

Unprecedented crisis requires equally unprecedented response and risk taking. Undoubtedly, this is not an entirely foreign concept for many of us in the nonprofit sector. Most likely, we’ve heard one variation or another of this statement. And, often times, our willingness to take on risk comes...


Topics: financial oversight

Wounded Warrior Project – A Classic Case Study

Posted by Vernetta Walker Chief Governance Officer, BoardSource on Mar 28, 2016 9:00:00 AM

Some of us just can’t get enough of the Wounded Warrior Project scandal, and that includes me. In the same way that people get hooked on a scintillating TV series or book, I’ve been captivated by the onslaught of articles taking aim at WWP. These stories are a constant reminder that the public...


Topics: oversight, Wounded Warrior Project

Is it Time to Dust off Your Nonprofit’s Conflict-of-Interest Policy?

Posted by Erin Berry, VP, Marketing and Communications, BoardSource on Mar 17, 2016 10:44:00 AM

Based on our most recent field study and national nonprofit index, Leading with Intent, 95 percent of nonprofit organizations have conflict-of-interest policies in place. So, right now, you are asking yourself, “Then why should I read this? I am busy!” The answer is simple: Because many...


Topics: Conflict of Interest

Economy Continues to Dominate Concerns of Nonprofit Leaders in 2016

Which general areas do you think will, or should, concern nonprofit boards the most in 2016? In a “pulse” survey recently conducted by BoardSource and the Nonprofit Quarterly, “General economic uncertainty, increased volatility, and shocks” was identified as the main concern. This issue was one...


Topics: Leading with Intent

Form 990 — A Guide for Newcomers to Nonprofit Research

BoardSource’s director of research and evaluation suggests how nonprofit research newcomers and students can best wrestle this beast to the ground and extract value (without too many scars that you wouldn’t want to show around the office).


Topics: Research, Form 990