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The Model Nonprofit Corporation Act (MNCA) is a model act prepared by the Nonprofit Organizations Committee of the Business Law Section of the American Bar Association. [1] The MNCA is a model set of statutes governing nonprofit corporations proposed for adoption by state legislatures.
Board decisions should predominantly be policy decisions. Board should formulate policy by determining the broadest values before progressing to more narrow ones. A board should define and delegate, rather than react and ratify. Ends determination is the pivotal duty of governance. The board's best control over staff means is to limit, not ...
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.
The ALEC Board of Scholars is composed of the following: [4] Arthur Laffer, founder and chairman of Laffer Associates, an economic research and consulting firm; Victor Schwartz, partner in the Washington office of the Kansas City-based law firm Shook, Hardy & Bacon, LLP, and chair of its Public Policy Group.
[37] [38] A private nonprofit organization, GuideStar, provides information on 501(c)(3) organizations. [39] [40] ProPublica's Nonprofit Explorer provides copies of each organization's Form 990 and, for some organizations, audited financial statements. [41] Open990 is a searchable database of information about organizations over time. [42]
Autonomous non-commercial organizations – An autonomous non-commercial organization (ANO) (Article 10, NCO Law) is a non-membership organization undertaking services in the field of education, social policy, culture, etc., which in practice often generates income by providing its services for a fee.
Nov. 9—CONCORD — New Hampshire nonprofits and casino operators both came up winners Thursday when a key House committee endorsed a charity gambling bill that would benefit both. The measure ...
This template is used on approximately 38,000 pages and changes may be widely noticed. Test changes in the template's /sandbox or /testcases subpages, or in your own user subpage . Consider discussing changes on the talk page before implementing them.
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