This Seminar trains board members on the Legal and Financial Fiduciary Duties of nonprofit board members and includes a legal update on the New York State Not-For-Profit Revitalization Act as it pertains to board Governance.
The program is designed for nonprofit board members, or future nonprofit board members, Executive Directors and/or staff. The Program is presented by Catherine M. Hedgeman, Esq. Ms. Hedgeman is the Owner of the Law Office of Catherine M. Hedgeman and is an expert in the areas of Nonprofit Law and Management and Governance. In addition to this program, Ms. Hedgeman also offers a customized four-hour training for nonprofit boards on the Legal and Financial Fiduciary Duties of Board members and Best Practices.
I. Legal (1.5-2 hours -- add an hour if legal updates regarding the Revitalization Act are requested)
A. Three Duties and Legal Standard of Review of Board decisions
B. Identifying and dealing with Conflicts of Interest
C. Legal Governance Policy requirements (by-laws, COIP, Whistleblower, Document retention etc.) (this is a shortened version and does not include all NYS Revitalization Act updates)
D. Risk Management and Best Practices
II. Financial (2 hours -- a longer version is available which includes additional topics on: Lending/borrowing, financial management of grants and the Audit process)
A. General Financial duties of Board members
B. Financial Statements Review- What are they and how do I read them
C. The 990 and the boards’ obligation
D. The role of the Finance and Audit Committee and legal requirements
E. Best Practices in Financial Governance
Ms. Hedgeman also offers By-Law, Conflict of Interest and other Governance Policy Review and Revision Services
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Board service is the perfect opportunity to develop leadership skills, build new networks and make a significant contribution to a nonprofit. Our Board Leadership Program trains and matches people to positions on nonprofit boards and committees.
For individuals seeking to become involved in community leadership, our Board Leadership Program prepares and recommends candidates for board positions, according to the needs expressed by nonprofit organizations, and the interests and skills of individual candidates.
Participants gain numerous benefits from the Board Leadership Program:
For more information on our Board Match Program, contact Catherine Hedgeman at firstname.lastname@example.org
Application to be matched to a Board: Download Board Service Questionaire BD mem.docx
Application to find new board members: Download Board Service Questionaire np.docx
Please return all applications to : email@example.com
Please contact us for more information or to volunteer your time or services.
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