VIDEO Q&A for Subscribers: September 2024 [SUBSCRIBERS-ONLY]
Ben and Mike answer questions from subscribers about whether nonprofit organizations should require employees and Board members to provide receipts for small dollar expense reimbursements, tips for properly using executive sessions in Board of Directors meetings, and issues raised by nonprofits providing capacity building support to other nonprofits.
CHAPTERS:
00:40 - Whether a nonprofit can have a de minimis exception to the requirement to provide receipts in its expense reimbursement policy
03:18 - Striking the right balance with exceptions in expense reimbursement policies
08:42 - Brief overview of the accountable plan rules
12:33 - Whether the Board should exclude the Executive Director from executive session at Board meetings discussing the Executive Director's performance
13:44 - Establishing executive session as a regular practice at Board meetings
14:39 - What it means when the Executive Director is an "ex officio Board member" and whether executive session is appropriate under these circumstances
16:12 - The purpose of executive session at a Board meeting
19:00 - The importance of establishing regular review of Executive Director performance and compensation
21:28 - Whether an organization can pay for an unrelated organization's service providers and other expenses
24:45 - Tax-exempt status and mission issues arising from paying for another organization's service providers
26:47 - Whether an organization can be used to benefit another related nonprofit
27:49 - Whether support for another organization is better provided by providing a grant vs. paying the service providers directly
FURTHER READING:
Q&A #79 – Can an expense reimbursement policy allow small purchases to be reimbursed without receipts?
Q&A #120 – Can a program be transferred from a 501(c)(3) organization to a 501(c)(6) organization?
