NPQ has found the legal wake-up calls issued to nonprofit boards that fall asleep at the wheel a welcome indicator of a healthier regulatory environment, but some see it differently.
Conflicts of Interest and a “Memo of Frustration”: A Community College Foundation Finds Itself in a Mess
The boards of the College of DuPage and its foundation are very much in the public eye, and not in a good way.
The stakeholders of Sweet Briar College are trying to get the court to delay the college’s closing so that the situation can be thoughtfully considered. They need an activist AG who indicates he understands that time is the major variable to ensure a good decision.
In this case, as in the one today on Cooper Union, the NY Attorney General challenges boards on their misuse of organizational assets—in this case, two buildings.
NPQ’s Nonprofit Ethicist wants to help you with your questions about ethics in and around your organization.
The Shifting Parameters of Governance: Some Thoughts about Sweet Briar, Indiana, and the Role of Boards
Stakeholders expect their interests to be considered in a reasonable way, and if they are not, they may take action and there are increasing numbers of models for such revolts.