In this three-hour program, we intend to address certain operational issues facing nonprofits today. This session is intended to answer the questions and issues that arise once a nonprofit is up and running. The program will be pertinent for anyone involved with a robust nonprofit organization, whether serving on the Board of Directors, as management or staff, or as outside advisor and will cover:
- How to build, maintain and revitalize from time to time an effective Board of Directors, including:
- Term limits and Board turnover: best practices and the different approaches depending on the nonprofit’s age, mission, size, etc.
- The distinction between Board and staff responsibilities: when it is appropriate for staff to serve on the Board and how the Board and staff should communicate
- Fundraising and the Board’s role in giving and/or getting funds to the organization
- The relationship between Board and senior management, including:
- When and how best to conduct performance evaluations of both Board members and senior staff
- Best practices when hiring and firing senior staff
- How and when to conduct compensation reviews, including a discussion of the rules relating to “reasonable compensation” generally and structuring variable (e.g., incentive) compensation within those rules
- Best practices in connection with audit processes, fiscal management, and whistleblowers, including cautionary tales and lessons learned