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What is Nonprofit Founder’s Syndrome (and How to Escape It)

WebAvoid “Founder’s Syndrome” via Succession Planning. “Founder’s syndrome” is the phenomenon where one or more founders cause problems for their organization due to a disproportionate amount of power and a refusal to trust others with key decisions. In plain English, Founder’s syndrome is when a nonprofit founder doesn’t trust

Actived: 7 days ago

URL: https://charitableallies.org/nonprofit-founders-syndrome/

Nonprofit Board Officer Roles: President Secretary, Treasurer, and …

WebSometimes, this person is the CEO or executive director, but keep in mind these roles are separate in function, so this is far more common with startups or very small organizations. Other main duties may include: Leading fundraising efforts, internally and externally. Welcoming new board members and arranging orientations.

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Types of Nonprofit Collaborations: Mergers, Partnerships and More

WebTypes of Nonprofit Collaboration: Mergers, Joint Ventures & Partnerships. After the whirlwind of 2020, more nonprofits are turning to collaboration with other nonprofits to pool resources, gain efficiency, and better serve their mission. Nonprofits can merge their back offices to enjoy lower overhead cost, enter into a joint venture to expand

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Nonprofit Bylaws Basics What to Include & Common Mistakes

WebNonprofit organizations are governed by an official set of rules called bylaws. Nonprofit bylaws outline any state requirements for the nonprofit, as well as how the organization (and by extension, the people who run it) will operate on a high level. Bylaws are adopted when the nonprofit is established, and they act as the pillar that upholds

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Avoiding Board Liability for Nonprofits Charitable Allies

WebFrom basic one-time questions about a single matter to training for boards and officers to complex reorganization or merger of activities, Charitable Allies is your go-to cost-effective provider of legal services to nonprofit organizations. Contact us at 463-229-0229 with questions. If you're trying to avoid board liability, read tips from our

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Can you Remove a Board Member

WebIn most bylaws, it requires either a majority of board members to vote yes, but some require ⅔ of board members to vote yes. If enough board members vote to remove this person, then the person is officially removed from your board. We recommend keeping written records of votes to ensure there is written evidence of the vote taking place.

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The new healthcare option for small employers

WebA QSEHRA does allow employers to reimburse employees for the costs they pay on the marketplace for private plans, as well as for other medical expenses (such as out-of-pocket costs) they may incur if covered by a group health plan from another employer, such as a spouse’s plan. The 2017 limits are at $4,950 for individuals and $10,000 for

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Fiscal Sponsorships: Get the benefits of a charity without being one

WebA fiscal sponsor is the presently formed organization that is “hosting” the not-yet tax-exempt organization that is called the fiscal sponsee. The two parties can also be referred to as the sponsoring organization, i.e. the fiscal sponsor, and the sponsored organization, i.e. the fiscal sponsee. For the purposes of this article the terms

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New Year Nonprofit Compliance Checklist

WebBasic Compliance Review Checklist. Most nonprofit organizations should review each of these items annually to ensure maximum compliance and minimum administrative cost and risk. • Year-end payroll paperwork – These include federal W2s & W3s, state W2 and WH-3, federal 940/941/944 filings, ensuring your employee’s W4s and WH-4s are current

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Can My Donor Take a Tax Deduction for In-Kind Donations

WebGenerally, a donor may deduct an in-kind (or, non-cash) donation as a charitable contribution. And a donor must obtain a written acknowledgment from the charity to substantiate the gift, although the acknowledgment will generally not assign a dollar value to the donation. Not only are the written acknowledgment requirements complex, especially

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Insolvency in Nonprofits: Will your Board be Held Personally Liable

WebThe court held that governing boards of nonprofit organizations who have knowledge of mismanagement or insolvency, and then ignore the conditions or fail to take appropriate action can be held financially liable for breach of their fiduciary duty of care. This ruling disturbed the long-standing view that nonprofit directors were insulated from

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Success Story: The Forgiving Sea Project

WebMaking Waves with The Power of Forgiveness If you walked into an art gallery and began writing on a painting, it wouldn’t be a shock if security immediately escorted you out. But for the creators involved with The Forgiving Sea Project, this behavior would not only be expected, but encouraged. The Forgiving Sea Project is … Continued

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So you want a lawyer on your board

WebThree primary benefits of bringing a lawyer on a nonprofit board: Receive general legal knowledge. By virtue of their training, lawyers are analytical thinkers. They are steeped in the basics of law, including contracts, lawsuits, liability and liability insurance, as well as issues concerning employment, immigration, health care and government

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Adoption Agreements and Other Documents for Nonprofits

WebAdoption Agreements & Other Documents for Nonprofits who Work with Animals. When animal organizations have strong documents and policies, they not only protect themselves and their staff and volunteers, they protect the animals they serve. Whether you’re a wildlife reserve, farm animal sanctuary, breed association or pet rescue, we put

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Charitable Allies’ Work Highlighted by NCAA Executive

WebBy Zachary Kester, JD, LLM CFRM, at Charitable Allies. Last night the National Art Museum of Sport and The Children’s Museum of Indianapolis announced a new permanent home for the NAMOS collection–the new Riley Children’s Health Sports Legends Experience.. NAMOS Board President and NCAA VP and CFO Kathleen McNeely graciously …

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Blocker corporation: Avoiding UBIT for nonprofit business activities

WebUnrelated business income tax (UBIT) can apply to income from those types of unrelated business activities. In fact, ‘business’ activities are often related to the charitable nature of the nonprofit (i.e., sales of counseling or therapeutic services, or selling donated goods). Yet, many regularly carried-on-business activities do not

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