Board Governance Part Three — Funding and Finances.
If you serve on a nonprofit board, can you answer this question? What drives the organization’s economic engine? Is it philanthropy? Events? Fees-for-service? Third-party reimbursements? Or maybe social enterprise? While cash flow is critical in the operations of every nonprofit, where that cash comes from will fundamentally change how board members serve. For example, organizations that rely heavily
Post to Tumblr