Is there a sweet spot when it comes to board size? Yes, there very likely is, but it differs for each board. One size does not fit all. Wondering how to determine the best size for your board? Here are some tips.
A board that is able to separate its various financial tasks among a finance committee, an audit committee, and an investment committee are often in a better position to focus its energies on these key duties. What should your finance committee focus on? We’ve got a resource to help!
Many nonprofits are now required by law to have a standalone audit committee of the board. But even if you are not, you should consider establishing one if your organization’s finances are independently audited. Here’s some information about what the committee should do and who should serve on it.
Many nonprofit governance experts consider the governance committee the most important standing board committee. And yet, according to Leading with Intent: A National Index of Nonprofit Board Practices, only 53 percent of nonprofit boards have a stand-alone governance committee or combined governance/nominating committee. If you’re among the 47 percent that don’t have either, read on. It’s time to change that!
September 7 | 3:00 - 4:00 p.m. ET Members $0 | Nonmembers $75
Nonprofits that are concerned about their own sustainability must be concerned about smooth and thoughtful leadership transitions. Join us to learn how to develop plans for two types of transitions: emergency transitions and strategic leadership development for future transition. Register now.
Tuesdays, September 20 - October 25 2:00 – 3:30 pm ET | Members $399
This six-part webinar series covers the fundamental nonprofit governance concepts every nonprofit leader should understand. Designed for those who are new to board service or to working with a board. Register now.
Have a great Labor Day weekend!
In observance of the upcoming holiday, R+S Weekly is taking a mini-break and will return with more helpful tips and tools the week of September 5th. See you then!
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