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Tag >> non-profit boards
Jul 04
2010

Non-profits revamp boards for better governance

Posted by SherylNash01 in non-profitsnon-profit boardsgovernancecareer/management

SherylNash01

Non-profit boards are on the hot seat, much like their corporate counterparts. They are receiving greater scrutiny from policy makers, the public and the Internal Revenue Service. While the spotlight is on the board's role in ensuring compliance with the law and preventing fraud, of equal importance is leading their organizations at a time when obtaining revenue growth and controlling expenses are priorities.

Change is afoot in the non-profit governance arena. Take for example the National Foundation for Credit Counseling (NFCC). Last fall, its Member Agencies voted to change the organization's governance-transitioning from a Board of Trustees comprised exclusively of Member Agency representatives to one with a majority of at-large national thought leaders.



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