Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Best financial practices for trustees.

J S Vaughan1, C J Robbins

  • 1Cain Brothers, New York City, USA.

Trustee : the Journal for Hospital Governing Boards
|March 30, 2001
PubMed
Summary
This summary is machine-generated.

Related Concept Videos

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same author

Motorcycle safety after-dark: The factors associated with greater risk of road-traffic collisions.

Accident; analysis and prevention·2020
Same author

Developing leadership in healthcare administration: a competency assessment tool.

Journal of healthcare management / American College of Healthcare Executives·2001
Same author

A new in vitro method for assessing the potential toxicity of soft contact lens care solutions.

The CLAO journal : official publication of the Contact Lens Association of Ophthalmologists, Inc·1993
Same author

Trivers-Willard effect in contemporary North American society.

American journal of physical anthropology·1991
Same author

The effect of the verbal stimulus words wrong, right, and tree on the disfluency rates of stutterers and nonstutterers.

Journal of speech and hearing research·1970
Same author

Flagyl in the treatment of vaginal trichomoniasis.

Virginia medical monthly·1963
Same journal

Provider-sponsored health plans: Are you ready to take on (more) risk?

Trustee : the journal for hospital governing boards·2018
Same journal

Collaborative Governance the Key to Improving Community Health.

Trustee : the journal for hospital governing boards·2018
Same journal

Getting the most out of philanthropy: How to reinvent the foundation board.

Trustee : the journal for hospital governing boards·2018
Same journal

Exploring Community Health Needs.

Trustee : the journal for hospital governing boards·2016
Same journal

Preserving a Legacy.

Trustee : the journal for hospital governing boards·2016
Same journal

When Words Matter.

Trustee : the journal for hospital governing boards·2016
See all related articles

Not-for-profit boards face increasing pressure from state attorneys general, creditors, and the IRS to meet fiduciary duties. This guide offers strategies to mitigate liability and improve organizational financial health.

Area of Science:

  • Nonprofit Governance
  • Financial Oversight
  • Legal Compliance

Background:

  • Not-for-profit organizations are experiencing heightened scrutiny from regulatory bodies and creditors.
  • Fiduciary responsibilities of nonprofit boards are under increased pressure.
  • Ensuring financial stability and avoiding legal liability are critical for nonprofit sustainability.

Purpose of the Study:

  • To provide a comprehensive guide for not-for-profit boards on fulfilling fiduciary responsibilities.
  • To outline strategies for mitigating legal liability.
  • To assist organizations in achieving better financial outcomes.

Main Methods:

  • Review of legal and regulatory requirements for nonprofit boards.
  • Analysis of common areas of financial mismanagement and liability.

Related Experiment Videos

  • Development of best practices for board governance and financial oversight.

    • Main Results:

    • Identification of key fiduciary duties for nonprofit board members.
    • Explanation of potential legal ramifications for non-compliance.
    • Recommendations for implementing robust financial controls and governance structures.

    Conclusions:

    • Proactive fulfillment of fiduciary responsibilities is essential for nonprofit boards.
    • Adherence to best practices in governance and financial management can prevent liability.
    • Effective oversight ensures the long-term financial health and mission success of the organization.