| Economic Crisis Management: We Can Help! |
|
The economic downturn has battered many nonprofits: funding is dwindling, endowments have lost value, and the need for services is increasing. The Partnership can assist your organization with some of the tough decisions you may have to make as a result of the recession.
- Are you looking for ways to renegotiate your lease or other contracts?
- Do you think you may need to lay off some of your staff, or otherwise reduce your HR costs?
- Are you thinking of working with another organization to share costs? Maybe considering a merger?
- Have you decided that your organization cannot continue, and you need help with an orderly wind-down?
|
| FAQ: Can we have a board meeting via conference call or email? |
Yes and no. In Connecticut, New Jersey, and New York, state laws allow an organization to hold a board meeting via a telephone conference call or video conference, so long as all the participants can speak to and hear each other, and all other formalities of board meetings are met (such as proper notice of meeting or waiver of such notice, quorum, and voting procedures).
None of the three states permit board meetings to be held via email or internet chat room. One of the key benefits of a board meeting is the informed and meaningful discussion that occurs among directors. Consequently, state laws do not allow "virtual" meetings unless the organization is using a device that allows the board members to hear and speak to one another in real time, just as they would during an in-person meeting.
To see the answers to other frequently asked questions, please click here. |
