VIDEO PODCAST: The Downsides of Board “Give or Get” Policies [SUBSCRIBERS-ONLY]
Mike and Ben discuss Board giving policies, including why nonprofit organizations have them, the components of a formal Board giving policy, and the often overlooked complications and negative consequences of Board giving policies with a "give or get" option.
CHAPTERS:
00:00 - Intro
02:00 - Overview of Board giving policies and why nonprofits have them
07:00 - The case for and against “give or get” policies
09:36 - An example that illustrates the downsides of “give or get” policies
13:21 - Addressing exceptions for Board members who can’t make the minimum gift
15:14 - Why nonprofits should strive for “give AND get”