Term typically used for corporate governance, but also used in non-profit orgainzations. Members have varying responsibilities, but most importantly they can be held accountable not only the State Corporation Commission but the Internal Revenue Service for failure to act or act inappropriately.
Step three of starting a non-profit organization is gathering the potential board members for the first meeting. In step one; you formed a brain trust to validate the mission of the non-profit organization. In step […]