Nonprofit Governance

Nonprofit Governance

For nonprofit organizations that have incorporated and have applied for tax-exempt status, Nonprofit Guru LLC will assist you to preserve and protect your state-law corporate and tax-exempt status in operation after the first two steps have been initiated. In general, this process is known as “governance”, which can be defined as the structure of rules, practices, and processes by which a nonprofit organization is operated, regulated, and controlled.

 

The Governance Package is very popular with nonprofits that have been incorporated by a document preparation company and need to have the rest of the work done to be established and operated in accordance with state and federal law and best practices.

 

In the case of a tax-exempt nonprofit corporation, its Board of Directors has the ultimate authority and responsibility to “steer, control, and influence from a position of authority”. Thus, the focus of Nonprofit Guru LLC's governance services is to train nonprofit Boards of Directors as to their legal responsibilities and to create corporate policies and procedures by which the Board can make prudent decisions and provide oversight regarding the Mission and activities of the organization.


Our “Governance Package” includes the consulting services that a nonprofit and its Board of Directors generally need to comply with their governance responsibilities. This package includes the following:


- Two hours of live Board of Directors training on video. If additional hours are requested, they will be provided either on an agreed-upon fixed fee or hourly basis. This training typically includes instruction regarding the following (a partial list):

  1. Legal role of the Board as a “fiduciary” and how it complies with its responsibility to be “prudent”.
  2. How to avoid having the corporate veil “pierced” and the officers’ and directors’ personal assets seized to pay corporate debts and obligations.
  3. Practical importance of the “Mission”.
  4. Board’s three major legal duties.
  5. Ten Commandments for Board success.
  6. Individual Directors’ Bill of Rights.
  7. Role of the Board Chair and other positions.
  8. Allocation of responsibilities between the Board and the CEO.
  9. Requirements and tips for successful Board meetings.
  10. Extremely important role of meeting minutes to avoid fiduciary liability.
  11. Structure and responsibilities of Board committees.
  12. Utilization of non-Board advisory councils and outside experts.
  13. Board’s responsibilities with respect to fundraising.
  14. Board members’ recruitment, onboarding, and orientation.
  15. Board’s and Board members’ evaluations.
  16. Any questions from the Board members.

- Prepare each of the following:

  1. Corporate Bylaws (optimized for the law of the state of incorporation and “best practices” governance provisions).
  2. Director Job description.
  3. Corporate Officer Job descriptions.
  4. Conflict of Interest Policy, with annual Director Acknowledgement and Agreement (optimized for “best practices” governance provisions).
  5. Document Retention and Destruction Policy (required by federal law).
  6. Whistleblower Protection Policy (required by federal law).
  7. Travel and Entertainment Reimbursement Policy.
  8. Board Committee Charters: Finance, Audit, Governance, and Nominating.
  9. Board/Committee Meeting Agenda template.
  10. Board/Committee Meeting Minutes template.
  11. Template for Board Skills Matrix.
  12. Board Orientation Chart.
  13. Board Self-Evaluation Questionnaire.

These services are separately priced at $2,900, and the regular package price is $1,565. But for a limited time, you can purchase the Governance Package with a 40% discount from the regular package price, for only $939 prepaid. This introductory price will not last long, so take advantage of this fantastic offer today by contacting us here to set up your FREE initial orientation meeting.


After your orientation, please click here to go to the "Store" page to purchase the Governance Package. 

Need Help with Your Nonprofit?

Contact us to schedule a free no-obligation consultation and see how we can help you and your organization to thrive! We will respond promptly to set up a video conference at a mutually-convenient time.