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Posts Tagged Governance

Nonprofit Board Governance

Members of the corporate board of directors, whether they be a for-profit company or a non-profit organized as a public benefit, mutual benefit, or religious entity are the “fiduciaries” responsible for steering the organization towards a sustainable future. They do this by adopting sound, ethical, and legal governance policies, ensuring that financial management practices are […]

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IRS Audit Checklist for Exempt Organization Governance

Over the past decade or so the IRS has become increasingly interested in monitoring the governance practices of tax-exempt organizations, and particularly those of public and religious charities. This interest has been shown through public statements of IRS officials, the development of training materials for IRS personnel on the subject, explanations to the general public […]

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