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The National Board of Medical Examiners (NBME), founded in 1915, is a United States non-profit which develops and manages assessments of student physicians. Known for its role in developing the United States Medical Licensing Examination (USMLE) in partnership with the Federation of State Medical Boards (FSMB), USMLE examinations for medical students and residents are used by medical licensing ...
Control self-assessment creates a clear line of accountability for controls, reduces the risk of fraud (by examining data that may flag unusual patterns of transactions) and results in an organisation with a lower risk profile. [4] [5] A number of other soft benefits have been claimed for organisations performing control self-assessment.
In addition to its own web portal, BoardSource managed the online platform Exceptional Boards (now defunct) and the online portal Leading with Intent. [7] Leading with Intent is a rolling annual report on nonprofit board governance across the United States that captures and compares social sector governance data since 1994. [8]
The Higg Index is an apparel and footwear industry self-assessment standard to rate environmental and social sustainability throughout the supply chain.The Sustainable Apparel Coalition (SAC) launched it in 2012 and owns and develops the suite of tools.
In a non-profit corporation, the "agency problem" is even more difficult than in the for-profit sector, because the management of a non-profit is not even theoretically subject to removal by the charitable beneficiaries. The board of directors of most charities is self-perpetuating, with new members chosen by vote of the existing members.
Founded in 2015 as a non-profit AI research organization, OpenAI added the for-profit OpenAI LP entity in 2019 as a subsidiary of its non-profit, securing capital from Microsoft to fund its research.
The National Board of Trial Advocacy (NBTA) is a non-profit board certification organization in the United States which administers eight national board certification programs for attorneys in Civil Trial Law, Criminal Trial Law, Truck Accident Law, Family Trial Law, Civil Practice Advocacy, Social Security Disability Law, Complex Litigation, and Patent Litigation.
Surveys have indicated that about 20% of nonprofit foundations pay their board members, [57] and 2% of American nonprofit organizations do. [58] [59] 80% of nonprofit organizations require board members to personally contribute to the organization. [60] [61] As of 2007, this percentage had increased in recent years. [timeframe?] [62] [63] [64]