By Jack B. Siegel
The way to maintain any nonprofit out of hassle, working easily, and reaching its mission"Jack Siegel--lawyer, accountant, administration advisor, and machine whiz--takes the putative director or officer of a nonprofit association on an invaluable and infrequently exciting voyage in the course of the realm of the tax-exempt companies universe, declaring its quirks, foibles, and felony liabilities alongside the way in which. His guide will make mandatory--and arresting--reading should you are already serving as trustees, administrators, officials, and key staff of exempt businesses, quite charitable ones. Siegel's aim, within which he succeeds, is to aid administrators and officials of nonprofit companies 'make greater decisions.' The ebook is stuffed with huge coverage analyses and paragraphs at the information, resembling board measurement, board committees, board assembly codecs, the contents of mins, and the tasks of officers.Salted with a few first-class real-life examples, what additionally units this booklet except such a lot in its style is the tone: the writing variety, the brusqueness, the bluntness. He complains that too many administrators 'check their logic on the boardroom door.' He advises people who 'desire contract and insist adulation' to stick off forums; he insists on 'commitment' and 'institutional stress' with the administrative director. He warns potential administrators that a few companies wish, as well as time and judgment, 'either your funds or your skill to elevate money.' To my pride, he extols the virtues of 'some point of charges' for certified attorneys and accountants.Please subscribe to me in including this so much useful guide in your nonprofit library."--Bruce R. Hopkins, lawyer at legislation, writer of The legislations of Tax-Exempt businesses, 8th variation and beginning and handling a Nonprofit association: A criminal advisor, Fourth variation
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25. Id. 26. G. -SENTINEL, Jan. 30, 2004. 27. G. -SENTINEL, Jan. 22, 2004. 1 The Need for Action 9 some of the other members were too passive, apparently failing to provide the tension that was clearly required under the circumstances. The explanations for lackluster board performance should not be taken as excuses or justifications. Put plainly, if you are a member of a board, it is your duty to either actively involve yourself in the governance of the organization or submit your resignation. Not only are you opening yourself up to embarrassment and potential liability if you do not take your position seriously, but more importantly, you are wasting resources that others have entrusted you to protect, and you are diminishing the value of the independent sector in the eyes of the public.
Not if it forced a consolidation of charities providing duplicative and inefficient services. Board sizes presumably would also shrink, eliminating 50-person boards that prove to be inefficient and unwieldy. * * * 2. 3. 4. 5. M. Manning, Museum Trustees Take It Personally, TAMPA BAY BUS. , Feb. 27, 2005. Id. Id. H. Y. TIMES, Nov. 7, 2004. fm Page 4 Thursday, March 9, 2006 3:41 PM 4 Ch. 1 Setting the Stage: Some Preliminaries So we come to our first major case. Surprisingly, the origins of this story are not in some state attorney general’s efforts to identify and correct board misdeeds but in the New York Office of Parks, Recreation, and Historic Preservation (OPRHP).
Nov. 22, 2004). SPAC issued a formal response to the Preliminary Audit. See Letter from Stephen M. Serlin, Chairman of the Board of Directors of Saratoga Performing Arts Center to Paul Laudato, Chief Counsel, New York State Office of Parks, Recreation, and Historic Preservation (Dec. 20, 2004). OPRHP issued a final audit report in 2005. See NEW YORK STATE OFFICE OF PARKS, RECREATION, AND HISTORIC PRESERVATION, FINAL AUDIT, SARATOGA PERFORMING ARTS CENTER (Mar. 16, 2005). In its formal response to the Preliminary Audit, SPAC’s board of directors stated: The Board sees no advantage in engaging in a protracted audit process or debate to question or confirm a set of findings with which the Board essentially agrees.