Business Essentials for Nonprofit Organizations: Governance and Compliance

Dianne Chipps Bailey led a class as part of Wake Forest University Charlotte Center's series titled "Business Essentials for Nonprofit Organizations." Bailey's course reviewed best practices for governance and legal compliance for nonprofit organizations. 

The class explored the role of the board, building an effective board, and managing the relationship and roles of the board and staff. Students learned successful advocacy strategies used to advance an organization’s mission for public good, and how to address related tax compliance issues. Other compliance issues addressed included charitable solicitation rules, state taxation matters and hot topics in employment law for nonprofits. Attendees gained tools to minimize exposure to liability for the board and the organization.