Financial Responsibility impacts the work of board members, executive directors and/or professional staff. Fiduciary responsibility ultimately belongs to the members of the board of a nonprofit organization. The Executive Director/CEO leads and coordinates the efforts to establish budgets, proposed membership fees, applications for grants and collaborations with others in the nonprofit sector. This section of the newsletter will include articles, stories, interviews, blogs and comments about topics such as responsibilities and liabilities of CEOs and board members, tax issues, budgeting, auditing, earned income, fundraising, and other often challenging financial considerations faced by nonprofit organizations.
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