VIDEO Q&A for Subscribers: June 2025

Ben and Mike answer questions from subscribers about preparing to serve on a nonprofit Board of Directors, the pros and cons of group exemptions, mitigating auditor concerns about pledges receivable, and whether the rationale for a Board member's dissenting vote should be included in Board meeting minutes.

PREVIEW SHORTER CLIP:

FULL 30-MINUTE VIDEO:

CHAPTERS:

00:00 - Intro

00:38 - How someone with a finance background should prepare for serving as a nonprofit Board member or officer for the first time

05:55 - Adjusting to working with a small nonprofit

07:51 - Pros and cons of group exemptions as an alternative to fiscal sponsorship

13:50 - Mitigating auditor concerns about pledges receivable

20:03 - Whether the rationale for a Board member's dissenting vote should be included in the meeting minutes

FURTHER READING:

New Board Member Planning and Preparation Series

Watching Over Pledges Receivable During Periods of Change and Uncertainty [SUBSCRIBERS-ONLY]

Improving Pledge Collections Through Active Communication [SUBSCRIBERS-ONLY]

Q&A #109 – Can Board members insist that meeting minutes reflect their dissent?

Seven Key Steps for Managing Nonprofit Corporate Governance Disputes [SUBSCRIBERS-ONLY]