Guidebook for Boards of Directors of Massachusetts Nonprofits

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Designed as an essential resource to assist nonprofit board members in fulfilling their roles, the Guidebook for Boards of Directors of Massachusetts Nonprofits is filled with best practices, case scenarios and sound advice. It is a useful tool for avoiding liability; governing ethically and carrying out the mission of nonprofit organizations. Beginning with an in-depth review of the nature of a nonprofit and the documents necessary to its corporate existence and governance, the Guidebook goes on to explain how nonprofit board members are selected; who can (and should) serve; the functions of the board; the potential for board member liability; and the nature and enforcement of board members' fiduciary duties. Featured is a clear explanation of the basics of tax exemption that every board member must know; including state and local exemptions and disclosure requirements for tax-exempt entities.

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