Can Family Serve on A Nonprofit's Board?

[@AnisaInWonderland]

I was a part of an Arts non-profit when I was a child and the Director removed the founder because of the grants and money that she wanted access to. It was so cruel. It was the saddest thing we all witnessed. Why aren't these risks taken into account? Directors have the power to remove an Executive/founder. If the non-profit is raising a lot of money, theres a risk that Directors can become greedy and fight for the executive role. This is really bad for arts non-profits when the Founder has the artistic vision and passion for the non-profit.

[@BossonaBudget]

It’s definitely sad and a risk, since no one person has ownership, it’s so important to put checks and balances in place so that one person (no matter who it is) can’t have unilateral control and act inappropriately.

[@itsHappening-ry2ef]

This is a perfect eye opener thank you

[@BossonaBudget]

You're welcome, thank you for watching!

[@itsyagirle7463]

I need help starting my non profit!!! I have a awesome idea but don’t know where to start!!’

[@tchatchibarakotoka2150]

Very useful, thanks.

[@BossonaBudget]

No problem, thanks for watching!

[@NativeamericantrailofhopeCarme]

We are focused on helping young Native American women to get a positive start on life by means of educational grants and mentotship. How should we acumulate funding to make this happen. We are a 501c3 organization.

[@saleema253]

Is this statement saying that a sibling is not considered a family member? A brother or sister of an individual is not a member of the family for this purpose. Found this on the IRS link you provided

[@BossonaBudget]

That statement is, yes, and it pertains to private foundations.

[@protea00]

How many individuals can be on the board?

[@BossonaBudget]

Hi, you can specify that for yourself in your bylaws. Your state law will likely indicate the minimum number of board members. The IRS likes to see at least 3.

[@spirituallymommy2646]

Can board members be located in different states?

[@BossonaBudget]

If your state law and bylaws allow it, yes.

[@malissawhite4569]

Hello: I want to start an export business and would like any information or guidance you can provide as to getting grant monies, minority monies, monies for women businesses, etc. Thanks.

[@BossonaBudget]

Hi! Unfortunately, I only focus on grants for 501c3 nonprofits. Try going here to find business grants: bit.ly/shebossgranttracker

[@blessedbeauty5411]

Is it illegal to have majority family as directors or is it just not recommended?I don't know anyone else that I trust at this time.

[@BossonaBudget]

The question of legality would be for a lawyer, but generally that’s a red flag for the IRS. But many orgs do it, especially in the beginning.

[@blessedbeauty5411]

@@BossonaBudget thank you I added 1 cousin.

[@1961nene]

I need a Grant for my nonprofit organization 501c3

[@BossonaBudget]

hi, what have you done to find the grants, how much do you need and what will it be used for?

[@1961nene]

@Boss on a Budget - Build a Strong Nonprofit I be applying but I think I don't write much . My grant would be for Pinkclosets4schools we build closets in schools for clothes and accessories

[@BossonaBudget]

It sounds like an idea people would love to donate to in addition to grants. Have you checked into your local community foundation and identified the foundations connected to local businesses?

[@BossonaBudget]

Sometimes it’s tough to get grant money for items- not impossible but some funders don’t want to give you money only for materials so I would frame it as a program and make sure you build all that in your budget. Have you considered getting donations from individuals (including inkind donations)