article thumbnail

An Experimental Approach to Early-Stage Nonprofit Governance

Stanford Social Innovation Review

Interest in early-stage nonprofits within Korea’s social impact ecosystem has increased in recent years, and more and more are garnering financial and organizational support. As one example, in early 2023, Brian Impact Foundation , which focuses on big-bet philanthropy , donated a total of 12.6 billion won (about $9.7

article thumbnail

3 Top Compliance Challenges for Nonprofits + Expert Advice

NonProfit Leadership Alliance

Your board will adhere to the bylaws you determine in your nonprofit startup. Bylaws are nonprofitsgoverning documents, which should be revisited regularly to ensure they’re applicable and relevant to an organization’s current circumstances. Use a bookkeeping or accounting service to track all your financial activity.

Finance 200
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mastering Nonprofit Board Recruitment: A Strategic Guide for Executive Directors

Bloomerang

Step 1: Laying the groundwork for effective board recruitment Before diving into the recruitment process, it’s essential to lay a strong foundation by thoroughly preparing your organization. Offer continuous learning opportunities to deepen your board members’ understanding of nonprofit governance best practices and emerging trends.

article thumbnail

Why an Ecosystem for Filmmakers of Color Is Necessary—and How Funders Can Support It

NonProfit Quarterly

People of color represent 37 percent of the population, but just 4 percent of all foundation arts funding is allocated to groups whose primary mission is to serve communities of color.” Coming from the film industry, they have created these organizations without formal training in nonprofit governance.

article thumbnail

Capacity Building as a Tool for Transformation

NonProfit Quarterly

Organizations that work in organizational and leadership development (aka capacity building) not only support the nonprofit sector, but shape it. That said, one does find common threads across organizations, such as “leadership is a test of resilience.” Image Credit: Andras Kovacs on unsplash.com. How they do so matters.

article thumbnail

Moving from Voice to Power

Boardsource

These words come from BoardSource’s new way of framing the role of nonprofit governing boards.

article thumbnail

Nonprofit Boards Efforts to Diversify

NonProfit Quarterly

The Value of Lived Experience The value of lived experiences for leaders is a topic that has been explored in other fields, such as social entrepreneurship —and it’s now being adapted to nonprofit boards. Several years ago, she was asked to serve on the foundation’s board of directors. However, my experience is not exceptional.