Creating policies – Don’t reinvent the wheel

Description

Abstract: Since the revised IRS Form 990 debuted a few years ago, many nonprofits have been reviewing the policies on their books, improving them, and adding new policies to their collections. Form 990 aside, the public — concerned by stories of nonprofit mismanagement — has put more emphasis on nonprofit governance, including policy adoption and enforcement. This article describes the types of policies that nonprofits need, and lists websites that can provide further guidance.