Ultimately, who is responsible for making the decision if a nonprofit organization should enter into a business partnership?

Question

Quizplus · Accepted Answer

The board of directors is ultimately responsible for making major decisions for a nonprofit organization, including whether or not to enter into a business partnership. While the CEO may provide recommendations and the IRS may have regulations related to such partnerships, the final decision should come from the board after thoroughly evaluating the potential benefits and risks. Banks may be involved in financing the partnership, but they do not make the decision for the organization.

Ultimately, Who Is Responsible for Making the Decision If a Nonprofit