6 Key Responsibilities for Not-for-Profit Finance Committee Members
The Finance Committee is a vital part of any not-for-profit organization, but the position often comes with some unknowns.
What is Unrelated Business Income Tax?
A major benefit to being a nonprofit is the exemption from federal and state income taxes. However, certain activities, considered unrelated to the organization’s core mission, are subject to taxes.
Is That Honey Real?
Imported honey contributes 75% of sales in the USA, meaning only a mere 25% was actually produced here. It is imperative to know the area that your honey came from and the way the beekeeper extracted it- especially for medicinal or allergy treatment use. Some honey can be dark as night while others are almost clear.
Cleveland Symposium
The Cleveland Pollinator and Native Plant Symposium educates and inspires homeowners, garden clubs, landscape architects and designers, horticulturists, botanists, naturalists, educators, conservationists and anyone eager to learn about creating pollinator and wildlife habitats using native plants and trees to promote biodiversity and ecological resilience.
Conflicts of Interest
Private inurement is prohibited in all nonprofits. It happens when an insider — an individual who has significant influence over the organization— enters into an arrangement with the nonprofit and receives benefits greater than she or he provides in return.
Summer Buzzing
What is your reaction to a bee buzzing by? Is it the same as when you see that gorgeous butterfly flitting from flower to flower? Ever wish for summer to end so the bugs would die off? What if they actually did and never returned?
Becoming 21st Century Leaders
Becoming 21st Century Leaders: Women in Beekeeping & Agriculture, Oct. 24-25, 2020, will bring together (on-site and virtually online) a hive of experienced, diverse, purposeful individuals to expand the opportunities for women (and men) as keepers of the ecosystem to support the health and sustainability of honey bees, native pollinators, and beekeeping.
Nonprofit Leadership
If a board member is in a position of influence within the organization, and he or she may be seen as obtaining personal benefit from a financial relationship that is self-dealing.
Asian Giant Hornets
Information, education, comparison, understanding, and cold hard facts will always win the day as we seek to live within a balanced ecosystem.
With Board Membership Comes Responsibility
Board members are responsible and accountable for the non-profit’s actions and have fiduciary duties to the organization.