Author: May Harris & Linda Rosenthal

Insurance for Nonprofits: A Primer

09:27 28 November in Uncategorized

Insurance is an essential component of a nonprofit organization’s comprehensive risk management plan; that is, the strategic review of the potential exposure “to unexpected losses, and then develop[ment][of] strategies either to prevent losses from happening, or to reduce damage and expense when they do.” It protects...

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...

Report Document

CA Benefit Corporations: Directors’ Reports

08:32 12 October in Social Enterprise

Socially conscious entrepreneurs in the Golden State now have two hybrid corporate models available to achieve the goal of “business-with-a-conscience.” In “Social Enterprises: A Revolution Under the Radar,” we introduced the California  “benefit corporation” and the California“social purpose” corporation (formerly called a “flexible purpose” corporation). In...