Tuesday, January 22, 2008

The NonProfit Times - The Leading Business Publication For Nonprofit Management

The NonProfit Times - The Leading Business Publication For Nonprofit Management: "Board's Give Or Get More Expensive Now

More than half of nonprofits now require board members to make an annual contribution, with a major share of large ones setting a minimum of $5,000.

That finding, in the new edition of National Board Governance Survey for Not-for-Profit Organizations conducted by the accounting firm Grant Thornton LLP, comes against a backdrop of more and more nonprofits reshaping board of directors practices and policies to fit the Sarbanes-Oxley Act. Just as more public companies expect their directors own stock, nonprofits expect an investment as well."

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