Download or read book Punctilios and Nonprofit Corporate Governance A Comprehensive Look at Nonprofit Directors Fiduciary Duties written by Thomas Lee Hazen and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The law on nonprofit directors' obligations is sparse and fragmented. Most of the discussion over the years is lore rather than law based on commentators' suggestions for best practices. This article attempts a comprehensive and systematic analysis of the law relating to nonprofit directors' obligations. On the one hand, there is a basis for suggesting that since nonprofits implicate public trust issues, nonprofit directors should be held to standards higher than those imposed on for-profit directors. On the other hand, in order to attract people to serve on nonprofit boards, states generally offer more insulation from director liability than is found in the for-profit world. How can this apparent contradiction be reconciled? Perhaps the solution lies in recognizing that truly altruistic motivations for serving on nonprofit boards will result in directors having their own internal incentive to do the right thing and put in the time and effort necessary for effective nonprofit monitoring. To the extent that it is too Pollyannaish to expect the best from people, this article explores nonprofit directors' responsibilities and how they relate to the law limiting directors' accountability.

Download or read book Guide to Nonprofit Corporate Governance in the Wake of Sarbanes Oxley written by ABA Coordinating Committee on Nonprofit Governance and published by American Bar Association. This book was released on 2005 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written for directors of nonprofit organizations and practitioners, this guidebook provides a complete overview of the major reforms enacted or triggered by the Sarbanes-Oxley Act, including governance reforms promulgated by the SEC and the Stock Exchanges.

Download or read book Board Liability written by Daniel L. Kurtz and published by Moyer Bell. This book was released on 1988 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Guide for Nonprofit Directors. The authoritative guide to avoiding liability, geared for boards of directors of nonprofit institutions and their lawyers.

Download or read book Nonprofit Governance written by Bruce R. Hopkins and published by John Wiley & Sons. This book was released on 2009-04-22 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nonprofit Governance Law, Practices & Trends Governance seems to be the subject that is perched atop every nonprofit lawyer's worry/wish list, despite the fact that there is not much law on the point, particularly at the federal level. This ascension in importance is largely due to the various organizations propounding best practices and principles for public charities and other forms of nonprofit organizations, the IRS's redesigned Form 990, the agency's aggressive push of certain good governance principles in the tax-exempt organizations' setting, and scandals brought to light by the Senate Finance Committee staff. Stemming from the authors' endless hours of meditating over the new Form 990 and sifting through the many (and often inconsistent) best practices principles, Nonprofit Governance fills the need for some cohesion in the realm of nonprofit governance by providing in-depth coverage and explanations of the laws, practices, and trends in this volatile area. An invaluable resource for nonprofit executives, officers, directors, nonprofit lawyers, accountants, members of boards of directors, and consultants, legal experts Bruce R. Hopkins and Virginia Gross's Nonprofit Governance brims with detailed documentation and references to regulations, rulings, cases, and tax literature (which includes current articles and tax law review notes). Here, readers will find a wealth of clarifying information on: Federal and state law fundamentals Board member responsibilities and liability Nonprofit governance principles Nonprofit governance issues Application of the private benefit doctrine Governance and the redesigned Form 990 Recommended polices and procedures Governance case studies Governance legal audit A law primer for nonprofit board members And much more The book includes an exhaustive index, Internal Revenue Code citations and numerous case studies, tips, forms, and checklists to round out the authoritative coverage. Nonprofit Governance is an indispensable guide to, and through, all of the governance policymaking that is unfolding, to improve the management of nonprofit organizations as well as to help organizations be in compliance with nonprofit governance law.

Download or read book Guidebook for Directors of Nonprofit Corporations written by George W. Overton and published by American Bar Association. This book was released on 2002 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guidebook describes the legal principles that apply to nonprofits of all sizes.

Download or read book Research Handbook on Fiduciary Law written by D. Gordon Smith and published by Edward Elgar Publishing. This book was released on with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Research Handbook on Fiduciary Law offers specially commissioned chapters written by leading scholars and covers a wide range of important topics in fiduciary law. Topical contributions discuss: various fiduciary relationships; the duty of loyalty and other fiduciary obligations; fiduciary remedies; the role of equity; the role of trust; international and comparative perspectives; and public fiduciary law. This Research Handbook will be of interest to readers concerned with both theory and practice, as it incorporates significant new insights and developments in the field.

Download or read book The Law in Plain English for Nonprofit Organizations written by Leonard D. DuBoff and published by Simon and Schuster. This book was released on 2019-10-01 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: “In easy to understand language, the book walks one through the many different foundational aspects of running a nonprofit—an important tool to have handy on one’s bookshelf!” —Michael Royce, Executive Director, New York Foundation for the Arts (NYFA) Navigating the legal complexities of running a nonprofit organization has never been easier than with the expert advice of authors Leonard DuBoff and Amanda Bryan. Managers, board members, advisers, consultants, contractors, employees, and even donors and volunteers will benefit from the invaluable information contained in The Law (in Plain English)® for Nonprofit Organizations. An approachable guide to planning and problem-solving, this handbook’s chapters cover important topics such as: Organizing a nonprofit Hiring and working with employees, contractors, and members Filing taxes and applying for tax-exempt status Fund-raising strategies Liability and insurance Protecting trademarks and intellectual property Zoning and renting space A comprehensive reference, The Law (in Plain English)® for Nonprofit Organizations, will help all nonprofit members to play their roles with authority and confidence.

Download or read book The Handbook of Nonprofit Governance written by BoardSource and published by John Wiley & Sons. This book was released on 2010-04-16 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt: THE HANDBOOK OF NONPROFIT GOVERNANCE From BoardSource comes The Handbook of Nonprofit Governance. This comprehensive resource explores the overarching question of governance within nonprofit organizations and addresses the roles, structures, and practices of an effective nonprofit. The Handbook of Nonprofit Governance covers the topics that are of most importance to those charged with creating and sustaining effective leadership, including building a board; succession planning; policies; financial oversight; fundraising; planning; strategic planning processes; risk management; and evaluation of the board, CEO, and organization. Praise for The Handbook of Nonprofit Governance "This is the first book I've found that covers the topic of governance from A to Z. I know what I'll be assigning the students in my governance class as a textbook next semester!" TERRIE TEMKIN, founding principal, CoreStrategies for Nonprofits, Inc. "BoardSource has prepared an exceptional resource for nonprofit boards and leaders. This comprehensive volume offers timely and relevant information about board work and governance, including practical tools and resources that will be valuable to all types of nonprofits." DAVID O. RENZ, chair, department of public affairs; Beth K. Smith/Missouri Chair in Nonprofit Leadership; and director, Midwest Center for Nonprofit Leadership; University of Missouri, Kansas City "If you are involved in nonprofit organizations, and if you ever have doubts about how they are best run, this is the book for you-and BoardSource is the place to turn." FISHER HOWE, consultant, Lavender/Howe & Associates, and author, The Nonprofit Leadership Team BoardSource (formerly the National Center for Nonprofit Boards) is the premier resource for practical information, tools and best practices, training, and leadership development for board members of nonprofit organizations worldwide.

Download or read book Nonprofit Governance The Why What and How of Nonprofit Boardship written by John E. Tropman and published by ACTA Publications. This book was released on 2013-06-01 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Up-to-date information and practical guildelines for board members and executives of nonprofit organizations, large and small.

Download or read book Fiduciary Duties of Nonprofit Directors and Officers written by Hugh K. Webster and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: ...examines in depth the legal obligations that directors and officers of nonprofit organizations must adhere to in order to avoid liability and to ensure the stability and success of the organization that they serve.

Download or read book Governance for Nonprofits written by Ted E. DeGroot and published by Universal Publishers. This book was released on 2023-06-01 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nonprofit governance is like sports officiating. Umpires and referees don’t play the game. They manage the game. That's what governance does for a nonprofit organization. People assigned to governance oversee how the organization is managed and work to make the entire business as effective as possible. Governance for Nonprofits itemizes the duties of governance, explains what a nonprofit organization needs to successfully accomplish its Mission Statement and provides the road map to an ongoing, smoothly operating, profitable, not-for-profit organization. Governance for Nonprofits is a basic tool that should be in the arsenal of every person that sits on a board of directors and every member of a nonprofit staff that deals with the challenges of making a not-for-profit organization successful. That’s because the book: * Explains the duties of board members and board officers * Shows how to be an effective member of a board of directors * Examines the purpose and limitations of board of directors * Looks at the role of the board in major decision making * Explains fund-raising from a management perspective * Walks the reader through the major steps of becoming a nonprofit * Offers real-life samples of important nonprofit documents * Includes an introduction to IRS reporting Form 990 * Explains the elements and importance of bylaws * Illustrates the differences between managing a small, medium or large nonprofit * Explains various types of nonprofit boards of directors * Discusses the role and value of committees * Looks at the impact of ethics in nonprofit operations * Explains how to analyze the effectiveness of a board of directors * Makes suggestions regarding term-limits * Demonstrates the importance of succession planning * Examines the tools available to help make a board of directors function at a high level of competence * And a whole lot more. WORDS OF PRAISE A sorely needed book for nonprofit organizations. It covers every aspect of either forming or participating in a nonprofit. This is a must read because it is not only a guide but also a reference for all thinking about forming or operating a nonprofit. --Lt. Col Robert S. Slater (Ret.) US Air Force; President, Community Development District 1, Collier County, Florida This is a great resource for senior non-profit managers and board members who are searching for the details of nonprofit governance. --Don R. Pember, Ph.D. Professor Emeritus, School of Communications, University of Washington and author of Mass Media Law, Mass Media in America, Privacy and the Press This book tackles governance and makes this dry subject actually interesting! No matter what the size of the community, or what community a nonprofit serves, this book focuses on every aspect of nonprofit operation! --Donna Fiala, County Commissioner , Collier County, Florida (Ret.) Columnist, Civic Activist Extremely well organized as a guide or quick reference. I highly recommend this clear and easily read manual to anyone involved in any way with a nonprofit organization. --Michael S. Walker, Ph.D. Physicist and author of Quantum Fuzz Ted DeGroot shares his extensive knowledge and expertise in this comprehensive guide to governance for nonprofit organizations. The many examples and analogies help the reader absorb this complex subject by putting the information into context. It's a must-read for Board members and nonprofit executives who want to understand nonprofit governance in depth and bring their nonprofit organizations to new heights of success. --Sheryl Soukup CFRE, President, Soukup Strategic Solutions: Expertise in Fundraising and Nonprofit Management

Download or read book Cambridge Handbook of Institutional Investment and Fiduciary Duty written by James P. Hawley and published by Cambridge University Press. This book was released on 2014-04-10 with total page 756 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Cambridge Handbook of Institutional Investment and Fiduciary Duty is a comprehensive reference work exploring recent changes and future trends in the principles that govern institutional investors and fiduciaries. A wide range of contributors offer new perspectives on the dynamics that drive the current emphasis on short-term investment returns. Moreover, they analyze the forces at work in markets around the world which are bringing into sharper focus the systemic effects that investment practices have on the long-term stability of the economy and the interests of beneficiaries in financial, social and environmental sustainability. This volume provides a global and multi-faceted commentary on the evolving standards governing institutional investment, offering guidance for students, researchers and policy-makers interested in finance, governance and other aspects of the contemporary investment world. It also provides investment, business, financial media and legal professionals with the tools they need to better understand and respond to the new financial market challenges of the twenty-first century.

Download or read book Nonprofit Governance and Management written by Victor Futter and published by American Bar Association. This book was released on 2002 with total page 746 pages. Available in PDF, EPUB and Kindle. Book excerpt: This updated edition of Nonprofit Governance: The Executive's Guide expands the scope of its popular predecessor to address issue relevant to both directors and managers of nonprofit.

Download or read book Resisting the Corporatization of Nonprofit Governance written by Linda Sugin and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is part of a symposium on "Nonprofit Organizations, Economic Challenges and the Future of Charities." The law of nonprofit governance is moving toward a more corporate model of accountability and borrowing from the law of business organizations. While applauding some of these developments, this essay expresses concern over the creeping corporatization of the law of charities, and argues that nonprofit corporations differ from business corporations in ways that the law must recognize. The market incentives that control business behavior are absent in nonprofit organizations, so regulatory mechanisms must act as substitutes. Nonprofit organizations, and charities in particular, are public/private organizations, so there must be greater government interest in their oversight than there is for purely private businesses. Individuals in charge of nonprofit corporations share the fiduciary duties of care, loyalty, and good faith with their corporate counterparts, and some scholars have argued that these duties are sufficient. A unique duty for nonprofit directors - the duty of obedience - has fallen out of favor. This essay argues that obedience has been the stepchild fiduciary duty because it may be too rigid to be reconciled with contemporary notions of board discretion and the nonprofit corollary of the business judgment rule. Nevertheless, this paper advocates a reinvigorated and redefined duty to charitable mission, which it calls "fidelity." It argues that the corporate duties are insufficient to reach the substantive obligation that nonprofit directors should have to pursue charitable goals. Fidelity creates a legal norm explicitly connected to charitable mission that also accommodates considerable flexibility and discretion for nonprofit boards. The essay argues that an obligation of fidelity is necessary to distinguish nonprofit directors from business directors, signals the importance of charitable mission for nonprofit organizations, distinguishes charities from social-entrepreneurial businesses, and requires subordination of non-charitable goals.

Download or read book Nonprofit Governance written by Chris Cornforth and published by Routledge. This book was released on 2013-07-04 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current fashion for rolling back the state has seen the nonprofit or third sector playing an increasing role in what were previously the heartlands of the public sphere. The growing significance of the sector and its increasing reliance on public funds mean it has also attracted increased scrutiny. From outside the sector concerns have been raised about the accountability and performance of nonprofit organizations. From within the sector there has been considerable debate about whether the increased reliance on government contracts is in danger of undermining the sector’s independence. As a result the spotlight has fallen on governance arrangements and whether they are adequate to ensure that nonprofit organizations are effective and accountable for their actions, and able to retain their independence. This collection offers a comprehensive assessment of research on the governance of nonprofit organizations. Nonprofit governance research has been dominated by the study of boards of unitary organizations and has paid insufficient attention to the multi-level nature of governance, governance relationships and dynamics, and the contribution of actors other than board members, to governance processes. Drawing on the research of leading scholars in the US, UK, Canada and Australia, this book presents new perspectives on non-profit governance, which help to overcome these weaknesses. Written in an accessible manner the book will be of value to scholars, researchers, students, reflective practitioners and governance consultants and advisers.

Download or read book Nonprofit Law and Governance For Dummies written by Jill Gilbert Welytok and published by John Wiley & Sons. This book was released on 2011-03-01 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the number and size of nonprofit organizations continues to grow, NFPs are coming under ever-increasing government scrutiny. Soon Congress will require that nonprofits comply with rigorous accounting and governance standards very similar to those set forth for for-profits in the Sarbanes-Oxley Act. If you work for a nonprofit and are concerned about meeting impending changes to tax and finance standards governing NFPs this book is for you. In simple, straight-forward language, this guide demystifies the often perplexing world of nonprofit governance in the age of Sarbanes-Oxley. Author, Jill Gilbert Welytok, an attorney who heads the Sarbanes-Oxley division of a major Midwest law firm, walks you step-by-step through the process of evaluating your governance structures. She arms you with tips and strategies for adopting uniform standards under current governance and tax laws, while preparing you for any upcoming changes. She shows you how to protect your tax status and reassure donors and volunteers while staying true to your organization’s mission. And she fills you in on what you need to know to: Comply with state laws and regulations Get and keep tax–exempt status Avoid lawsuits and other legal landmines Handle the media Anticipate future trends Make sense of the Sarbanes–Oxley act Including sample nonprofit bylaws and a complete audit committee report, Nonprofit Law & Governance for Dummies, Second Edition is an indispensable survival tool for 21st century nonprofits.

Download or read book Good Governance for Nonprofits written by Fredric L. Laughlin and published by AMACOM/American Management Association. This book was released on 2007 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now even with limited resources, nonprofit leaders will learn how to: eliminate redundant or outdated policies; add new policies more effectively; clearly guide the CEO and evaluate his or her performance; ensure compliance with relevant legislation and regulations; understand why certain policies should be included; and adapt the authors' templates to their specific needs.