What Are Nonprofit Directors’ Duties During Merger, Acquisition or Being Acquired?
By Eugene Fram
Craig Leonard, Morrison & Foerster, LLP has a comprehensive article in the February 25, issue of Board Member.com covering director duties of for-profit organizations when a takeover occurs. Many of his topics listed also can be applied to nonprofits, (more…)
Will New York Lead the Way In Changing Nonprofits?
By: Eugene Fram
In January, Governor Andrew Como place a salary state funded cap of $199,000 for nonprofit executives at (more…)
Assessing Nonprofit CEO Performance
By Eugene Fram
CEO assessment should be very thorough and take place annually. That doesn’t mean that it always has to take place at one time. In some situations, assessment occurs throughout the year, depending on how the committee members decide to divide their tasks.
After completing the entire review, the assessment committee should make its report to the full board. If the review takes place periodically throughout the year, board updates follow a similar pattern.
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Using Imperfect Metrics to Evaluate Organization and the CEO.
BY: Eugene Fram
At the beginning of the year, the directors conducting the evaluation and the chief executives agree on jointly developed goals and outcome expectations. The full board must ratify the goals, which should be achievable but challenging. Some goals are clearly quantifiable (e.g. membership data, revenues) and readily available.
Note: This article has received constant attention since being published in May 2010. I am reissuing it here in the event some new readers might have missed it.What’s in a Name? Benefits of the President/CEO TitleInsights into Nonprofit Governance and Nonprofit ManagementBY EUGENE FRAM Over the last 100 years, senior managers of nonprofits typically have held the executive director title. For about the last 30 years, many nonprofits have changed the title to president/CEO, following a common business practice. Many more nonprofits need to consider the same change to obtain some subtle but useful organizational benefits. A recent study reports that only 22 percent of trade association chief staff officers hold the president/CEO title. For professional societies, the proportion is only 9 percent.1 Many chief staff officers in larger faith-based human service and health-related organizations still hold the executive director title. Even the senior manager of Carnegie Hall in New York City still carries the executive director title. A wide range of nonprofits use the executive director title: churches, human service agencies, trade associations, and medical facilities. (more…) |
Do boards set a dollar limit on the president/CEO’s fiscal discretion?
The chief executive should have complete discretion as long as he or she works within the budget and budgetary guidelines. However, if any major changes are needed, the board must approve them. For example, (more…)
The Special Relationship:
Nurturing the CEO-Board Chair Bond
By Eugene Fram
Here are tips to assure the best possible partnership between the board chair and CEO.
Keeping boards focused on strategic issues is a major challenge for nonprofit leaders. One problem is that (more…)
YOUR DYSFUNCTIONAL NONPROFIT BOARD – WHAT TO DO
Is your nonprofit board operating on two cylinders instead of six cylinders
needed for our current turbulent economic times? The updated and expanded third edition of Policy vs Paper Clips (http://policy-vs-paper-clips.com) on nonprofit governance is one vehicle to help a board to remedy this operating gap.
Thousands of nonprofit executives and board members, by reading the first two editions, have: (more…)
Nonprofit boards do not have effective ways to reduce nonprofit fraud is a common misconception among nonprofit board directors. Board directors should be familiar with seven audit-related topics. In today’s vigilant environment, the board must be involved. (more…)
Nonprofit strategic plans are most vulnerable not in their development, but in their implementation. And implementation often hinges on some measurable indication of progress. (more…)
Nonprofit Management 