Monday, June 8, 2009
Turning a business idea into a charitable organization
Monday, July 7, 2008
Having a lawyer on your board of directors
Nonprofit organizations are often encouraged to include a lawyer on their board of directors. Afterall, what group couldn't benefit from some free legal advice now and then. But it's not quite as simple as that. Adam Aptowitzer, a lawyer with the Ottawa-based law firm Drache LLP, explains when it is a good idea to have a lawyer on your board of directors, what an organization can and can't expect from a lawyer serving on its board, and the conflicts of interest that may arise.
Monday, March 10, 2008
Can nonprofit directors be compensated financially?
The directors who serve on a nonprofit board do so voluntarily. But there are instances when directors are financially compensated for their time and effort. Adam Aptowitzer, a lawyer with the Ottawa-based law firm Drache LLP, explains when this may be allowed, the legal penalties for improper compensation, and the best ways to maintain transparency in the boardroom and beyond.
Monday, June 18, 2007
Understanding directors' liability issues
Every charitable organization is governed by a board of directors, but these people aren't just figureheads. They are ultimately responsible for the success or failure of the nonprofit they serve. Adam Aptowitzer, a lawyer with the Ottawa-based law firm Drache LLP, explains what directors are actually liable for, what happens to a director who is found liable, and what protections organizations can put in place for their directors.