Nonprofit Organizations Case Study

Good Essays
SAGES: Exploring Nonprofit Organizations
Worksheet on Board Governance Total_______/100

Name: Michal Jastrzebski

Based on your readings, on Blackboard, on board governance, please answer these questions in complete sentences.

1. Why is being a board member a serious responsibility? Give at least two reasons, explaining them in complete sentences. [10 points per reason; 20 points total]

Being a board member is a serious responsibility because these people have to safeguard the organization and its resources so that only mission related initiatives are realized. By serving on behalf of the community, board members also have to make decisions that help the organization prosper. They do this by providing guidance and oversight on different
…show more content…
Indicate at least one of the “Principles for Good Governance and Ethical Practice” that is part of the “duty of care.” Summarize the principle, indicating its number, and explain in your own words why you selected this principle. Write at least two complete sentences [10 points].

Principle 15 of “Principles for Good Governance and Ethical Practice” is a good example of “duty of care.” In summary, this principle says that board members have to implement as system that can allow for easy communication and transfer of knowledge. This is important because board members have to be well informed about all programs, and responsibilities so that they can effectively carryout their oversight duties.

4. Explain in your own words what is meant by “duty of loyalty.” Write at least two complete sentences. [10 points]
Duty of loyalty refers to the idea that board members should put the interests of their organization before their personal interests. When a conflict of interest emerges, board members should disclose their predicament and abstain from any interest related decision making. Board members have to be loyal to the organization even if they will be negatively affected by a
…show more content…
This way their wont be any surprises later on when conflict-of-interest issues arise. Board members will be better equipped to make the right decision that favors the organization

6. Explain in your own words what is meant by “duty of compliance.” Write at least two complete sentences. [10 points]

Duty of compliance is a fiduciary obligation that involves adhering to the organizations’ governing documents, reporting requirements, as well as, state and federal regulations. In essence, board members have to follow and respect all governing rules and regulations so that the organization succeeds in fulfilling its mission statement.

7. Indicate at least one of the “Principles for Good Governance and Ethical Practice” that is part of the “duty of compliance.” Summarize the principle, indicating its number, and explain in your own words why you selected this principle. Write at least two complete sentences [10

You May Also Find These Documents Helpful

  • Good Essays

    The best option for a health care organization is to become a for-profit organization. CCFC has determined this by the following research that will be demonstrated in this paper (Carter, C., n.d.). A nonprofit organization is primarily formed for a selected religion, charity or education purpose, while a for-profit organization is formed to earn a profit for its owners (Carter, C., n.d.). A nonprofit organization is formed to perform certain tasks, and the profits of performing these tasks are…

    • 602 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Nonprofit Organization Revenue Tammy L. Blackmon BSHS/373 March 17, 2014 Rinku Bhattacharya Nonprofit Organization Revenue American SID’S Institute is a nonprofit organization that helps keep the fight to end what was once known as crib death. The meaning of crib death was and still is when a baby falls asleep and slips away during the night/morning/afternoon, today we call crib death Sid’s. Sudden Infant Death Syndrome is a much broader term to use when relating it to children…

    • 1480 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Section One: Volunteer Lawyers for the Arts, VLA, is a nonprofit based in New York City. The mission of this organization is to provide pro bono legal representation and education for low-income artists and nonprofit art organizations. VLA represent a variety of disciplines including animation, music, acting, visual arts, etc. As well as Artists Over Sixty, a program designed to help older artists set their wills and determine what will become of their artworks. Section Two: When emailing Kathryn…

    • 158 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Nonprofit Organization

    • 257 Words
    • 2 Pages

    INTRODUCTION The study of associations between board process and structural characteristics and organizational performance reveals that a nonprofit board can do many things to impress the organization’s top management with its effectiveness and to create a perception that the board has an impact on overall performance (Bradshaw et al., 1992). Nonprofit organizations provide a long range of vital human services with board of trustees who govern such organizations and act on behalf of the values and…

    • 257 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Nonprofit Organization

    • 498 Words
    • 2 Pages

    Creating a Nonprofit Organization is a difficult task in its self, but adding in political battles along the way causes even more stress and difficulty to the organization. The Love Canal Homeowners Association later called the Center for Health, Environment, and Justice, experienced many complications with their political battle with the government over the chemical waste buried in the Love Canal (Gibbs, “History: Love Canal: The Start of a Movement”). Although at the time the Love Canal Homeowners…

    • 498 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Fundraising leadership within a nonprofit organization is crucial to the success of the overall mission and controls the size of any possible impact the nonprofit can make on a community. Most often leadership is a backbone which employees use as a source for various job related problems. In the nonprofit sector leadership is even more important as many times there are fewer employees and volunteers are not as consistent as they may have other obligations that take up their time. There are multiple…

    • 865 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    A nonprofit organization is fundamentally different than a for-profit organization. A social mission is at the center of a nonprofit and the organization exists to provide a particular service or services to the community and there is no “bottom line”. A for-profit organization exists primarily to generate a profit for the shareholders/owners. There are numerous differences between nonprofit and for-profit entities in addition to the fundamental differences stated above. The main differences…

    • 3445 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Here I have demonstrated my knowledge of the function of financial literacy and the role of stewardship in the effective oversight and management of nonprofit organization resources. Nonprofit managers need to be able to solve a variety of problems. Knowledge and skills are the tools within the metaphorical tool boxes and will enable us to find the right situations. Having a large tool box will ensure we are able to fix a wider variety of problems ,but knowing how to use each tool and when to the…

    • 956 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Nonprofit organizations are tax-exempt under the law according to the IRS that are charitable or not-for-profit corporations that have been set up to serve some public purpose (Wolf 7). Nonprofits are organizations whose income is not used for the benefit to profit but use earnings to achieve goals. Nonprofits organizations work to assist millions of in-need individuals through various methods. In order to provide a service or supply goods all nonprofits must have a strategic plan. Therefore, they…

    • 613 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Funding the arts and arts organizations is often a concern of arts managers and, at times, a topic of debate. Every nonprofit arts organization spends much of their time ensuring that they have enough resources to meet their mission. When program revenue falls short of covering their activities, other public and private funding options are explored. When public, government funding is received, controversy may occur when an organization produces something that is viewed as offensive by society. Evaluating…

    • 1032 Words
    • 5 Pages
    Better Essays