Best of Boards uses practical examples, tools and templates to illustrate the key concepts in board governance.  It is a one stop shop for any board member or someone new to the nonprofit field to understand:

• roles and responsibilities of boards
• relationships between the board and management
• how to read financial statements
• legal and ethical responsibilities of boards
• internal controls
• managing risk in nonprofits
• monitoring activities for boards
• information about tax exempt status
• moral courage

The handy tools can be used by nonprofits, boards and consultants in working with nonprofit organizations to get results!

Introduction Continued

There has never been greater need for nonprofit executives and their boards to demonstrate sound leadership. They must compete with other nonprofits for the attention of, and dollars from, their funding sources.  To meet these challenges, nonprofit leaders and their boards need the knowledge to adequately analyze and manage the economic and regulatory risks their nonprofits face and the courage to make the appropriate decisions and actions.  This book provides them the tools they need to do both.