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Nonprofit's Questions (Board topics)

Nonprofit's Questions (Board topics)

FromThe Nonprofit Show


Nonprofit's Questions (Board topics)

FromThe Nonprofit Show

ratings:
Length:
28 minutes
Released:
May 10, 2024
Format:
Podcast episode

Description

Nonprofit’s questions and expert’s answers about nonprofit board engagement, fundraising expectations of board members, financial literacy among nonprofit board members, and the confidentiality of professional coaching paid for by organizations. Host Meredith Terrian shares the microphone with Muhi Khwaja, from the National University Fundraising Academy and co-founder of the American Muslim Community Foundation. Regarding board engagement, Muhi starts with the importance of full board participation in fundraising efforts, suggesting various ways for board members to contribute, such as making financial commitments or leveraging their networks. He advocates for clear expectations and training for board members to interpret financial reports effectively. On a question from a viewer about professional coaching, Muhi points to the need for confidentiality in coaching contracts, highlighting the importance of privacy for effective coaching sessions. The conversation also touches on setting board policies, including term limits and age limits. Muhi supports term limits as a means to prevent founder syndrome and promote fresh perspectives on the board. However, he advises caution regarding age limits, emphasizing the value of diverse perspectives and experiences regardless of age. As Muhi Khwaja aptly summarizes, "There's a lot of value in age as well." Host Meredith Terrian echoes Muhi's sentiments, emphasizing the importance of clear policies and training for board members to ensure effective governance and decision-making within nonprofit organizations. This dynamic conversation amplifies several best practices for nonprofit board governance, fundraising, financial literacy, and professional development, as is the  nature of nonprofit management.View on Video!Follow us on the Twitter: @Nonprofit_ShowSend us your ideas for Show Guests or Topics: HelpDesk@AmericanNonprofitAcademy.comVisit us on the web:The Nonprofit Show
Released:
May 10, 2024
Format:
Podcast episode

Titles in the series (100)

The Nonprofit Show is the daily live broadcast where our national nonprofit community comes together for problem solving, innovations, and reflections to foster greater social impacts.  Each day the hosts and their guest experts cover relevant topics, from money to management to missions, with fresh thinking and ideas to help you and your nonprofit amplify your social impact and better achieve your mission, vision and values. //Join in with The Nonprofit Show Co-Hosts Julia C. Patrick, CEO of The American Nonprofit Academy and Jarrett Ransom, The Nonprofit Nerd and CEO of The Rayvan Group.   Watch or listen to The Nonprofit Show for new knowledge and amazing inspirations.  Connect with nonprofit and social impact experts from across the globe. More details . . . https://bit.ly/34yEYk1 //Signup to watch the Live video broadcast of The Nonprofit Show and receive a show time reminder: http://bit.ly/3nxnADf // The Nonprofit Show is a production of the American Nonprofit Academy http://bit.ly/2LsVonu