fiduciary duties Tag

San Francisco Charity Under Fire

09:00 01 June in Board Governance

She was everywhere on San Francisco’s social scene: the 78-year-old fashion diva with her enormous “statement” eyeglasses. Joy Venturini Bianchi was the face of nonprofit Helpers Community, Inc. Over 60 years ago, the respected organization was founded to assist people with developmental disabilities. For many years,...

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”...