Robert, the chair of a nonprofit board of directors, asked the CEO to provide the board an accurate report of the expenses incurred for a fundraiser. Robert is practicing which best practice recommended by BoardSource?

Question

Quizplus · Accepted Answer

BoardSource recommends an ethos of transparency as a best practice for nonprofit boards, which includes providing accurate and timely financial reports to board members. In this scenario, Robert is following this best practice by requesting a report of fundraiser expenses.

Robert, the Chair of a Nonprofit Board of Directors, Asked