TStarting a Nonprofit with Family & Friends is FREE courtesy of Boss on a Budget
1 Lesson / 9 Minutes / FREE
Are you starting a nonprofit and thinking of adding family and friends to your board of directors. Nonprofits are a different type of business entity and there are other considerations you should be mindful of when adding family, friends, and even business partners onto a board of directors with you.
In this video, I’m sharing 3 points to keep in mind to consider or reconsider if you are serving alongside your family. Keep in mind that this is in reference to nonprofits that are classified as public charities by the IRS, this is not in reference to private foundations.