This program is designed for those who currently serve, or are interested in serving, as a director on a nonprofit board. It would also be helpful to nonprofit staff in obtaining resources to educate directors serving on their Boards. This program will provide a general overview of the nuts and bolts of nonprofit board governance, including the New York State and Federal law framework and terminology for nonprofits. It will also offer an overview of certain practical considerations for and duties of directors serving on nonprofit boards, including those required under the New York Nonprofit Revitalization Act, with a special emphasis on conflicts of interest (including related party transactions), audit oversight obligations and whistleblower obligations under the Act, as well as certain IRS governance initiatives and reporting requirements.
