Board Governance

Another Public University Foundation Under Fire

08:00 19 October in Board Governance, Fundraising, Uncategorized

Sometimes called “slush funds” and “shadow corporations,” the foundations that support the nation’s public universities have been grabbing headlines recently: ones they would rather avoid. We highlighted some developments in “Foundations of Public Universities: Too Secretive?” “Public officials are raising questions about the spending practice of...

board members

Bobblehead Boards and Charismatic CEOs

08:46 16 August in Board Governance

At a meeting last October of the National Association of State Charity Officials, these regulators reported to attendees about “what conduct can spook” them “into conducting investigations of charitable nonprofits.”  These troublesome examples include: “phantom boards” (they exist only on paper) and “bobblehead board members”...