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Every day some 20,000 nonprofit boards meet. The decisions they make will impact the future of their organizations, their ability to serve, and their legal and financial fate. How many of them are in the Zone of Insolvency? How many will thrive and how many won’t survive?
Tune in and hear Ron Mattocks, author of The Zone of Insolvency, discuss:
--Sample action plans for any organization’s predicament, whether solvent, in the Zone of Insolvency, or insolvent.
--Real-life case studies of nonprofits that have had to confront the Zone of Insolvency and how they each approached the issues, assessed danger spots, acknowledged shortcomings, and committed to an action step.
--Tips on fundraising hazards, including donor-restricted gifts, charitable gift annuities issued by nonprofits, commissions involving fundraisers, and donors turning into creditors at bankruptcy.
--Sample board policies covering the key areas that all boards should have a clearly written policy on, such as conflict of interest, review of grants and proposals, borrowing of funds, and purchase authorizations.