When Nonprofit Boards Discover Executive Director Misconduct

You volunteer on a community nonprofit board. All is well until you get a letter from an employee’s attorney alleging misconduct by the Executive Director. Or, maybe a local vendor is furious because their invoices have gone unpaid for months despite assurances from the Executive Director. You need to act fast . . .

Policy Governance (R*) Renewed Interest in Sensible Implementation

Introduction John Carver’s Policy Governance © model of nonprofit board governance enjoyed some acceptance in the nonprofit community in the 1990s and early 2000s.  Many organizations embraced the model whole-heartedly and most of these nonprofits continue its use today.  The “Carver” model is a set of abstract concepts with a …

Nonprofit Foundation– victimized by charismatic criminal

Mouli Cohen – Convicted of 31 Counts – The Vanguard Foundation You may find it surprising how vulnerable nonprofit boards are to charismatic promises and how often banks fail to approach boards with concerns. When petty financial impropriety takes place the board is under pressure to simply terminate the employee. …

When Community Nonprofits Get Into Financial Trouble

Banks with troubled nonprofit portfolios can be in a difficult position. Nonprofits often operate on tight cash flow and insufficient surplus to withstand delayed reimbursements, decreasing revenue or unexpected expense increases. Their very nature creates the need for a line of credit and/or loans to purchase basic operating equipment. When …