In this JDSupra article, it is recommended to ask a few questions before joining a nonprofit board.
The article points out the the risks associated with serving in this important role and that "directors of nonprofit corporations must discharge duties in good faith and in a manner he or she believes is in the best interests of the corporation."
There are nine recommended questions to ask before jumping onto the nonprofit board bandwagon. They cover:
- Indemnification provisions
- Director and Officer Liability Insurance
- Written Conflict of Interest Policy
- Written Data Privacy and Cybersecurity Policies in Effect as Well as Cyber Liability Insurance
- Written Employment Policies
- Written Executive Compensation Policy
- Written Gift Acceptance Policy
- Written Investment and Financial Policies
- Written Checklist Outlining Policies to Govern Annual Filing Requirements
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Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
New Inclusive Creative Economy Strategy to Demonstrate That the U.S. Creative ...Foundation:
Marguerite Casey Foundation,
Marguerite Casey Foundation,
Rockefeller Philanthropy Advisors,
Skoll Foundation,
Target Foundation,
Ford Foundation,
Philadelphia Foundation,
Rockefeller Foundation
"The US creative economy was most recently valued at over $1 trillion by the National Endowment for the Arts," per a press release, "even before considering film, fashion, video games, beauty, food,
...more Raffle, Auction, Tourney to Benefit Schools
The Whitfield Education Foundation is holding its annual golf tournament Monday in Dalton, Ga., and it's using the event to raise money for teacher grants.
The foundation's executive director,
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Social Entrepreneurship
Spotlight
Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.