Category Archives: Director Duties

Are Nonprofits “Follow the Money” Obsessed?

Have the leaders of nonprofits been overly incentivized to “follow the money,” resulting in a troubling shift in the composition of boards? The answer is yes according to a recent article in the Stanford Social Innovation Review. The trend may … Continue reading

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Telephone Townhall for Nonprofit Organizations

Do you have questions about the sales and use taxes that affect nonprofits organizations? Here is your chance to ask your questions directly to the California Board of Equalization. On February 19, 2015 at 10AM, California Board of Equalization member … Continue reading

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Will the Real Directors Please Stand Up

There is a lot of confusion among nonprofits with regard to ex officio directors. Who are they and how are they different from other directors? The term ex officio comes from Latin and means “from the office.” Thus, an ex … Continue reading

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Former Executive Director Embezzles $900K from Charity

The former Executive Director of We Stay-Nos Quedamos, a South Bronx housing and social services nonprofit, recently pleaded guilty to diverting nearly $900,000 from the organization. How did she do it? According to the New York Attorney General’s office, Yolanda … Continue reading

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British Officials Fear Terrorists Hijacking Charities

The Charity Commission, a British government watchdog for charities, is formally investigating 86 British aid organizations to determine whether their charitable funds have been hijacked by terrorists in Iraq and Syria to finance military operations. The Commission fears that extremists … Continue reading

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Ex-Charity Head Faces Allegations of $3.8M Embezzlement

Russell Brace, the former head of United Mid-Coast Charities Inc, a social services organization located in Maine, is facing allegations in a civil lawsuit of embezzling $3.8 million from the organization. The organization alleges that over 13 years Brace deposited … Continue reading

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Is Preventing Poverty Charitable?

According to the Canada Revenue Agency (CRA), the answer is No. CRA recently told Oxfam Canada that its mission to prevent poverty was too broad in that it could benefit people who are not already poor. The review was part … Continue reading

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Another Win for NY AG Schneiderman

New York Attorney General Eric T. Schneiderman is following his big win earlier this month with a $522,000 pay out from a Brooklyn rabbi who collected hundreds of thousands of dollars for fake charities. Rabbi Yaakov Weingarten pled guilty in … Continue reading

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To Take Or Not to Take … (A Scandalous Donation)

America’s historically black colleges and universities are facing a hard choice: continue struggling for much needed funds or accept a donation from David and Charles Koch. From one perspective, this is a win-win scenario. The colleges get funding in the … Continue reading

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May is for Embezzlement Convictions

Yesterday was a good reminder for charities that any organization is susceptible to embezzlement. First, a man was sentenced to three years in prison after admitting he had defrauded charities by billing them for, but not delivering, prizes to be … Continue reading

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