Fulton Georgia Nonprofit - Conduct Policies for Board Members

Name: Fulton Georgia Nonprofit - Conduct Policies for Board Members
Brand: US Legal Forms
Rating: 4.79 (312 reviews)

Category:

Corporations - Nonprofit

State:

Multi-State

County:

Fulton

Control #:

US-ENTREP-0021-4

Format:

Instant download

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FAQ

A classic definition of the difference between the board and administration is that the board sets policy and the administration carries it out. In studies of board effectiveness, the best boards are those that focus on broad policy concerns and do not involve themselves in the day-to-day work of the college.

Common Mistakes by Nonprofit Boards and How to Avoid Them Keep the focus on providing guidance and strategic direction.Not understanding mission and vision.Lack of awareness of tax legislation.Operating with outdated governance documents.Little knowledge of what makes a nonprofit tick.

The following are governance policies every nonprofit should have: Conflict-of-interest policy.Budget policy.Executive compensation policy.Whistleblower protection policy.Fundraising policy.Donor privacy policy.Document and records retention policy.

Nonprofit Boards: 7 Key Responsibilities for Good Governance Ensure Effective Organizational Planning. Provide Sufficient Resources. Make Sure the Organization Fulfills Legal Obligations. Provide Proper Financial Oversight. Select and Evaluate the Executive Director. Improve the Organization's Public Standing.

The Role of the Board of Directors Recruit, supervise, retain, evaluate and compensate the manager.Provide direction for the organization.Establish a policy based governance system.Govern the organization and the relationship with the CEO.

Just as for any corporation, the board of directors of a nonprofit has three primary legal duties known as the duty of care, duty of loyalty, and duty of obedience.

Nonprofit boards should also consider developing policies and procedures for such issues as equal opportunity employment, anti-discrimination, disciplinary procedures, overtime policies, weekend pay, and flextime. In addition, they should consider such issues as drugs, alcohol, smoking, safety, and the dress code.

Nonprofit board members have the legal responsibility to meet the duty of care, the duty of loyalty, and the duty of obedience. Under well-established principles of nonprofit corporation law, a board member must meet certain standards of conduct and attention in carrying out their responsibilities to the organization.

Important Board Policies to Consider Board Member Agreement.Code of Conduct.Conflicts of Interest.Document Retention and Destruction.Family Educational Rights Privacy Act Policy.Gift Acceptance.Nondiscrimination.Whistleblower.

Based on our knowledge and experience, we'll walk through seven core responsibilities of nonprofit boards, including: Ensure effective organizational planning. Provide sufficient resources. Make sure the organization fulfills legal obligations. Provide proper financial oversight. Select and evaluate the executive director.

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Fulton Georgia Nonprofit - Conduct Policies for Board Members

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