Who owns a nonprofit? No one. A major misconception about nonprofit organizations concerns ownership of a nonprofit. No one person or group of people own a nonprofit organization. Ownership is ...
Can the Executive Director Serve on the Board of Directors?
The law requires that the best interest of the nonprofit prevail over the director’s personal or business interests. If the executive director is a paid staff person who sits on the voting board of ...
Nonprofit Q&A: What is a nonprofit conflict of interest? How can a policy help?
What is a nonprofit conflict of interest and how can a policy help? When a member of a board of directors assumes office, the law requires that the best interest of the nonprofit prevail over the ...