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

Question

Quizplus · Accepted Answer

The nonprofit organization's board of directors is ultimately responsible for making decisions about partnerships and business ventures. The board has fiduciary responsibility for the organization and must ensure that any partnerships align with the organization's mission and do not jeopardize its nonprofit status. While the CEO and other stakeholders may be involved in the decision-making process, the final responsibility ultimately rests with the board. The IRS and the governor have no direct responsibility in these matters.

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