Digitalization is one of the processes that sooner or later will be in every corporation as it offers a wide range of applications and another proposal to run business with the help of progressive technologies. As it all demands time and further costs, with us, you are going to outline the best options for your …
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LinkedIn founder Reid Hoffman got a gasp from the audience at a huge meeting of nonprofit executives. Linda Crompton, the executive director of BoardSource at the time, had just asked him what size board of directors he thought was optimal. Directors of Higher Quality Crompton and the audience were taken aback by his response: any …
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A nonprofit organization is formed in the state where it is based. In the case of charitable charities, incorporation comes before filing for IRS tax-exempt status. You won’t be able to apply for a tax exemption with the IRS until you’ve incorporated. Some small charity organizations do not incorporate, but the benefits and drawbacks of …
Continue reading “Legal Responsibilities of Nonprofit Board Members”
Every board has its own culture and dynamics. Individual members’ contributions may be highly strong in the boardroom when they work together. When internal dynamics are either too weak or too powerful, the board’s work can easily get derailed, and its efficacy suffers. What are the qualities of an effective board that ensure that the …
Continue reading “Four Characteristics of an Effective Board”
