Selling My Nonprofit

A listener asks if they need to convert their nonprofit to a foundation before selling it. Really. (This will be fun.) Also, what happens when board members hire their friends for paid contracts? We have opinions! And Stacy and Andy switch roles on encouraging a recalcitrant employee to fill out timesheets.

  • Do I have to convert my 501(c)3 to a foundation before selling it? – 0:00
  • How do I deal with a board member hiring a friend? – 7:56
  • Is there a way to get an employee to fill out timesheets on time? – 18:42
Episode Sponsor:

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Criminal for a Day

This week, Stacey crushes the dreams of a board member hoping to avoid a volunteer assignment, we find out what due diligence an org should do before hiring an executive director, and some strategies to prevent burnout from psychically heavy work. Andy gives Stacey tips on how to steal money, and we discuss the ever-confusing Vice President position on the board.

  • Can a board member be a volunteer? – 0:00
  • Avoiding burnout from psychically demanding jobs – 2:48
  • Due diligence when hiring an Executive Director – 9:22
  • Preventing fraud – 17:14
  • Do we need a Vice President position? – 24:37