Sunday, July 27, 2008

Nonprofit Law Podcast #41: Responsibilities of Foundation Board Chairs

Responsibilities of Foundation Board Chairs

Download: Nonprofit Law Podcast #41 (mp3, 8:31)

Shownotes

Intro

Tim Mooney… Welcome to the Nonprofit Law Podcast
Your guide to the laws impacting nonprofits.
Shownotes…. nplawcast.com
Email the show

Important responsibilities for board chairs (and other board members)

  • 1. Be Faithful to Mission
  • 2. Guide the Grantmaking Strategy
  • 3. Map Out the Future
  • 4. Stay Focused on Financial Oversight and Legal Compliance
  • 5. Master the Art of Facilitating Meetings
  • 6. Connect the Dots Between Committees
  • 7. Build a Board That Is Strong And Engaged
  • 8. Communicate with the Community
  • 9. Oversee Administrative Work
  • 10. Assess Performance

Resources

BoardSource, Ten Essential Responsibilities of Foundation Board Chairs
Full whitepaper

Closing
Email me with questions and suggested topics
Sign up for the free NLP newsletter... every week get an early look at the shownotes and resources sent to you by email, plus get additional free content on the laws impacting nonprofits. Go to nplawcast.com/newsletter for more info and to sign up.
Need more than the podcast? Tim-Mooney.com and Beyond the Podcast at nplawcast.com
nplawcast.com

This podcast provides general information about legal topics but it is not a complete discussion of all legal issues that arise in relation to nonprofits nor is it a substitute for legal advice. This podcast does not create an attorney-client relationship. This is general legal information and the contributors make no warranties regarding the general legal information provided in this podcast , and disclaim liability for damages resulting from its use to the fullest extent permitted by the applicable law

Saturday, July 12, 2008

Nonprofit Law Podcast #40: Due Diligence

Due Diligence

Download: Nonprofit Law Podcast #40 (mp3, 12:05)

Shownotes

Intro

Tim Mooney… Welcome to the Nonprofit Law Podcast
Your guide to the laws impacting nonprofits.
Shownotes…. nplawcast.com
Email the show

Due Diligence for Nonprofits

  • Conflict of interest policy for board members, officers, and senior staff
  • Whistleblower policy
  • Document retention and destruction policy
  • Gift acceptance policy
  • Compensation policy
  • Parent-subordinate consistency policy
  • Contemporaneous documentation of meeting minutes of board and committees
  • Compensation and Audit committees
  • For grantmakers - Maintains records to substantiate the amount of the grants or assistance, the grantees’ eligibility
  • for the grants or assistance, and the selection criteria used to award the grants or assistance.

Resources

American Council on Education - 501(c)(3) Due Diligence (PDF)

Closing
Email me with questions and suggested topics
Sign up for the free NLP newsletter... every week get the shownotes and resources sent to you by email, plus get additional free content on the laws impacting nonprofits. Go to nplawcast.com/newsletter for more info and to sign up.
Need more than the podcast? Tim-Mooney.com and Beyond the Podcast at nplawcast.com
nplawcast.com

This podcast provides general information about legal topics but it is not a complete discussion of all legal issues that arise in relation to nonprofits nor is it a substitute for legal advice. This podcast does not create an attorney-client relationship. This is general legal information and the contributors make no warranties regarding the general legal information provided in this podcast , and disclaim liability for damages resulting from its use to the fullest extent permitted by the applicable law