Non-profit organizations

For Section 3 of the Final Project you will create a guide for these areas that nonprofit boards and executive directors can use to maximize their chances for success.

Section 3 should be 4-5 pages and include these Headings:

• Legal and Ethical Responsibilities
• Policy Formulation
• Fundraising
• Financial Oversight

Make sure to include this:

• Explain the board’s legal and ethical responsibilities and why they are important for the organization’s success.
• Include your assessment of an organization’s responsibility to bring about positive social change regarding the underlying problems that the organization exists to address.
• Include a listing of essential policies that the board should adopt.
• Explain the responsibilities of individual board members regarding fundraising and the board’s responsibilities for financial oversight.

Submit the draft of Final Project Section 3 for scholarly writing faculty review. Your draft should be 4–5 pages, contain a minimum of 5–6 specific, evidence-based best practices, and utilize proper APA formatting.

Resources

BoardSource. (2010). The handbook of nonprofit governance. San Francisco, CA: Wiley.

• Chapter 7, “Legal and Ethical Responsibilities” (pp.127–144)

BoardSource. (2016a). Coming to terms with a conflict of interest. Retrieved from https://boardsource.org/resources/coming-terms-conflict-of-interest/

BoardSource. (2016b). Creating policies. Retrieved from https://boardsource.org/resources/creating-policies/

BoardSource. (2016c). Legal and compliance issues-FAQs. Retrieved from https://boardsource.org/resources/legal-compliance-issues-faqs/

BoardSource. (2016d). Tax exemption. Retrieved from https://boardsource.org/resources/applying-tax-exemption/

Charity Navigator. (2015). Retrieved from https://www.charitynavigator.org/

BoardSource. (2010). The handbook of nonprofit governance. San Francisco, CA: Wiley.

• Chapter 8, “Financial Oversight” (pp.145–166)
• Chapter 9, “Fundraising” (pp.167–188)

https://boardsource.org/resources/personal-contributions/

https://boardsource.org/resources/fiduciary-responsibilities/

Hopkins, B.R. (2013). Wiley nonprofit authority: Bruce R. Hopkins Nonprofit Law Library: Essential questions and answers. Somerset, NJ: John Wiley and Sons.

• Chapter 5, “Conflicts of Interest/Self-Dealing” (pp.127–157)
• Chapter 7, “Legislative Activities Rules” (pp. 185–194)

Reissová, A., Žambochová, M., & Vlčková, M. (2019). Fundraising as an Opportunity for Non-profit Organisations – Possibilities and Limits of Individual Fundraising. Czech & Slovak Social Work / Sociální Práce / Sociálna Práca, 19(1), 5–22.

Csongrádi, G., Reicher, R., & Takács, I. (2018). Latest Trends and Technologies at the Field of Non-Profit Fundraising. International Journal of Contemporary Management, 17(4), 43–62. https://doi.org/10.4467/24498939IJCM.18.036.10022

Becker, A. (2018). An Experimental Study of Voluntary Nonprofit Accountability and Effects on Public Trust, Reputation, Perceived Quality, and Donation Behavior. Nonprofit and Voluntary Sector Quarterly, 47(3), 562–582. https://doi.org/10.1177/0899764018756200

Dale, E. J. (2019). Reframing Nonprofit Organizations: Democracy, Inclusion, and Social Change: A. M. Eikenberry, R. M. Mirabella, and B. Sandberg (Eds.). Reframing nonprofit organizations: Democracy, inclusion, and social change. Irvine, CA: Melvin & Leigh Publishers, 2018. Administrative Theory & Praxis (Taylor & Francis Ltd), 41(4), 434–437. https://doi.org/10.1080/10841806.2019.1643623

Answer preview

Effective policies are critical for the success of any non-profit organization. They help address different challenges that the organization is more likely to face while serving the community. Moreover, it allows the organization to list the roles and responsibilities of each stakeholder, thus minimizing conflict of interests (BoardSource, 2016c). There are various essential policies that the non-profit board needs to adopt to steer the organization’s success and achieve its mission and vision. In the beginning, the board should formulate the budget policy. In this case, it needs to set a clear policy on who has authority to spend money or commit the organization to financial obligations. It needs to set limits on how those obligations can extend without the board’s approval. By adopting such a policy, the board protects the organizational assets. Setting a clear budget policy addresses how the organization can address the budget overages.

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