Board Governance

When charity regulators are asked about governance problems, they cite "bobblehead" and "potted plant" boards 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”...

Are foundations of public universities too secretive?

Foundations of Public Universities: Too Secretive?

08:00 14 June in Board Governance, Endowments, Nonprofit, Private Foundations, Supporting Organizations

They have been called “‘slush funds’ and ‘shadow corporations’ that too often operate in secrecy, ….”   “Public officials are raising questions about the spending practices of the nonprofit fundraising arms of public universities,” according to the Council of Nonprofits. They control huge amounts of money...