New Group Aims to Help N.Y. Charities Build Better Boards
May 16, 2014 | Read Time: 1 minute
New York State’s sweeping overhaul of its law on nonprofit governance has spawned a new organization to help charities improve recruitment and training of board members, writes The Wall Street Journal.
Among other provisions, the Nonprofit Revitalization Act—approved last year and set to take effect on July 1—requires organizations to tighten financial and conflict-of-interest controls. The new group, CharityStrong, is developing a recruitment service for board members and online tools to provide guidance on the law and best practices in areas such as fiduciary oversight, legal liability, and removing directors.
The organization grew out of a panel of nonprofit leaders who advised New York Attorney General Eric T. Schneiderman as his office drafted the new law. The attorney general’s office is seeding charityStrong with a two-part, $250,000 grant.
