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
Premium Fiduciary Board of directors Stock
NOT-FOR-PROFIT ORGANISATIONS 13 2 Not-for-profit organisations Key points Many not-for-profit organisations (NFPs) feel they are poorly understood by government and the general public. Pressures to be more efficient have seen overhead spending reduced at considerable detriment to effectiveness and improved resource allocation over time (allocative efficiency). The sector is diverse‚ but NFPs display some common behavioural patterns: – Whereas the behaviour of for-profit business is driven mostly
Premium Resource allocation Non-profit organizations Government
Government Intervention in Health Care Increases Cost and Decreases Quality Government intervention is a regulatory action taken by a government in order to affect or interfere with decisions made by individuals‚ groups‚ or organizations regarding social and economic matters. Government intervention sometimes is necessary to correct situations where the market fails to allocate resources efficiently or distribute income fairly. The reason why government usually
Premium Health care Health economics Health insurance
Financial Characteristics of Health Care Pamela S Hill HCA 340 Wanda Carter October‚ 16‚ 2011 "Quality healthcare management includes the financial growth and viability of the healthcare organization. A healthcare organization can realize quality healthcare management only when it is fully staffed with medical and managerial professionals and is able to invest in the most advanced equipment". (eHow.com). In 2009 it was reported that 46 million Americans were uninsured. In 2011 the uninsured
Premium Health care Health economics Health insurance
Government and Health Care Reform Most people believe that Obama’s health care reform plan is about getting health care for everyone in America and making the health care system better for everyone. When everyone hears about health care reform and everyone thinks about the advantages and disadvantages to the issue. Through the research that has been done about this subject‚ there are more disadvantages to the issue than what everyone thinks. Some people are in favor of Obama’s health care reform
Premium Health care Health insurance
Introduction Wiggill (2011) points out that nonprofits must be managed in a manner similar to for-profit‚ or commercial organizations. Communication is one of the most important aspects of any commercial or nonprofit organization. How is an organization going to succeed and get their product or message out to the public if they do not make attempts to communicate? Like all businesses‚ nonprofit organizations have struggles developing and executing effective communication. There are proven and
Premium Non-profit organization Strategy Strategic planning
Non-profit vs. For-profit in Healthcare Organizations In the healthcare industry there is a universal goal of treating patients and taking care of people. How that is accomplished is also similar‚ but the organizations behind the healthcare service provider can vary greatly. In this paper we will analyze the characteristics of non-profit and for-profit healthcare organizations and the factors that impact their operations. Additionally‚ we will look at the various ways a non-profit organization
Premium Non-profit organization Tax Taxation in the United States
types of organizations: profit‚ non-profit and government based organizations. This paper will discuss the differences between profit and non-profit organization and the weaknesses and strengths that each of the organization has. The University of Michigan will be used because it is a prime example of a non-profit organization and its services and the center for spinal surgery hospital will be discussed as a for-profit hospital. Body The University of Michigan’s health system is a non-profit organization
Premium Hospital Surgery
Strategic Planning for Profit and Non-Profit Organizations Name School Table of Contents Abstract 3 Introduction 4 Discussion 4 Role of government in regulation of non-profit fundraising 4 Demanding of disclosure statements 4 Provision of more funding 5 Appointment of external auditors 5 Role of states in regulating non-profit fundraising 6 Sarbanes-Oxley-type legislation in non-profit fundraising 8 Importance of Sarbanes-Oxley type legislation 8
Premium Non-profit organization Fundraising
For Profit Vs. Not For Profit organizations: I would like to start with the more interesting type of organizations to discuss and that is not for profit organization (NPO). The first advantage to NPO is simply tax exemption (IRS‚ 2012)‚ once an organization meets certain criteria and is approved as a NPO‚ it doesn’t pay tax on its income. It is very important to understand here that the money saved from not paying tax is reinvested in such organization to either continue providing the type of services
Premium Non-profit organization Business Management