DEI and Fiduciary Duties

The board of directors is the ultimate authority of a nonprofit corporation and ultimately responsible for its activities and affairs. Directors must each meet their fiduciary duties of care and loyalty in their actions and decision-making. They should do so with a focus on furthering the nonprofit’s mission in...

Ex Officio Director – What? Why? How?

Many nonprofits use the term “ex officio director” (or “ex officio board member”) without a clear understanding of what the term means and how to properly incorporate one or more ex officio directors in their governance structures. Definitions  The term director refers to an individual serving as a voting...

Governance Committee: 12 Key Tasks

A nonprofit corporation is ultimately governed by its board of directors, but a board may create committees to assist in fulfilling the board’s duties. Among the most common and important committees utilized by boards is a governance committee. The governance committee is generally responsible for reviewing the governance structures...