Sponsorships from the business community can be an effective way to build a nonprofit’s fundraising network and obtain the financing necessary to run large events. In turn, sponsors enjoy unique [...]
Like any other organization, nonprofit or otherwise, a church needs to enter into contracts with other organizations as part of its operations. As churches grow or establish long histories, [...]
Conflicts of interest and the risk of self-dealing are important concerns for directors of nonprofits. Any proposed transaction that would involve a director, the director’s business, or a member [...]
For many nonprofits, the idea of asking directors to sign contracts that set out the terms of their directorship may seem like an excessive formality. But quite often a contract can serve useful [...]
Sharing a common building is one way that separate churches can combine resources, simultaneously saving money and maximizing the usefulness of facilities. A typical arrangement is that a church [...]
A pastor’s terms of employment are often spelled out in an employment agreement. For many churches the pastor’s employment agreement creates significant financial and legal obligations. Given [...]