87 episodes

Welcome to I 501(c) You - The Podcast for NonProfit Board Members. We hope to educate current and future nonprofit board members on the roles, responsibilities, and obligations of being a nonprofit board member.

I 501(c) You - The Podcast for NonProfit Board Members The Corley Company, LLC

    • Business

Welcome to I 501(c) You - The Podcast for NonProfit Board Members. We hope to educate current and future nonprofit board members on the roles, responsibilities, and obligations of being a nonprofit board member.

    The Ultimate Guide for New Nonprofit CEOs with Brian Quail

    The Ultimate Guide for New Nonprofit CEOs with Brian Quail

    This week we speak with the author of "The Ultimate Guide for New Nonprofit CEOs", Brian Quail. Brian worked in nonprofits for 40 years, was a CEO for 25, and raised over $1 billion for his organizations across his career. In this episode, we focus on the 5 frameworks from Brian's book: “90 Days," “Your Team," “The Financials," “Donor Relationships," and “The Who." These 5 frameworks provide a new nonprofit CEO with the key to being a successful leader. Throughout the episode, Brian shares how he used these 5 frameworks to lead 3 different organizations over the course of his career.
    Contact Brian:
    brianquail.com
    bq@brianquail.com
    Timestamps:
    00:00 Introducing Brian Quail
    04:00 Inspiration for writing the book
    07:55 The first of the 5 frameworks: 90 Days
    13:00 Analyzing your team, framework 2
    17:45 Framework 3: The Financials
    22:10 Framework 4: Donor Relationships
    26:40 Framework 5: The Who
    33:45 Final words
    35:40 Recapping with Read
    Listen to the podcast on any of the following platforms:
    YouTube
    Apple Podcasts
    Spotify Podcasts
    Amazon
    iHeartRadio
    Visit us at: www.thecorleycompany.com/podcast

    • 37 min
    It’s Time to Revisit Mission and Values

    It’s Time to Revisit Mission and Values

    July 1st brings in a new fiscal year for many nonprofit organizations. As we approach this time of transition, we discuss two ways to get your new board aligned. In your first board meeting with your new board, discuss the mission. What does the mission mean to each person? It is also important to discuss what is NOT the mission. Mission creep can be a dangerous factor to nonprofit organizations. This time of the year is also a good time to identify a set of values in which each individual can adhere to. If everyone is aligned, your impact will be increased.
    Timestamps
    00:00 New fiscal year coming on July 1
    01:40 Revisit the mission
    02:35 What is not the mission?
    03:45 Identify the values of the organization
    Listen to the podcast on any of the following platforms:
    YouTube
    Apple Podcasts
    Spotify Podcasts
    Amazon
    iHeartRadio
    Visit us at: www.thecorleycompany.com/podcast

    • 5 min
    Succession Planning is Your Responsibility with Kerry Diaz

    Succession Planning is Your Responsibility with Kerry Diaz

    This week we speak with Kerry Diaz, a former practicing attorney, turned nonprofit CEO, board member, entrepreneur, and now nonprofit consultant. Together, we discuss Kerry's transition from board member to CEO, succession planning best practices, and traits that make an effective nonprofit CEO and board member.
    Contact Kerry:
    kerryadiaz@gmail.com
    (561)-307-0844
    Timestamps:
    00:00 Introducing Kerry Diaz and her winding road to nonprofit consultancy
    05:30 How did having a legal background help you in your career?
    06:50 Did serving on the board help you become a better CEO?
    09:00 Are you a better consultant because you have been a board member and CEO?
    10:00 What are some succession planning best practices?
    12:34 Who do you let know about succession planning?
    15:25 Board succession planning best practices
    19:30 What makes an effective board member?
    20:45 What makes an effective CEO?
    21:45 Board members coming from entrepreneurship
    24:45 How often should a CEO/ED communicate with board members?
    26:40 Board Chair-CEO relationships
    27:40 Should you have personal/social friendships with board members?
    30:30 Advice for nonprofit board members?
    32:15 Reach out to Kerry
    33:00 Recapping with Read
     
    Listen to the podcast on any of the following platforms:
    Apple Podcasts
    Spotify Podcasts
    Amazon
    iHeartRadio
    Visit us at: www.thecorleycompany.com/podcast

    • 33 min
    What to do When a Board Member is not Pulling Their Weight

    What to do When a Board Member is not Pulling Their Weight

    There might come a time when a board member is not showing up for meetings, reviewing meeting materials, or being a good steward of the organization. It is the role of the board chair to step in and have a conversation with that board member. Remember, board members are volunteers, so a delicate balance has to be reached. Oftentimes, people feel obligated to fulfill their commitment as board members, but life gets in the way. People get busy. The board chair can offer a way for the board member to gracefully exit the board or step into a committee role.
    Timestamps:
    00:00 What to do when a board member is not pulling their weight
    01:35 It is the board chair’s responsibility to correct board member behavior
    02:50 Do not be accusatory, this is a volunteer position
    03:20 Sharing a personal experience
    04:20 Do not let the behavior go unquestioned
    05:45 What to do when a board member does not change
    Listen to the podcast on any of the following platforms:
    Apple Podcasts
    Spotify Podcasts
    Amazon
    iHeartRadio
    Visit us at: www.thecorleycompany.com/podcast

    • 7 min
    A board perspective from a nonprofit, for-profit, and government leader, the Honorable Alex Sink

    A board perspective from a nonprofit, for-profit, and government leader, the Honorable Alex Sink

    This week, we speak with the Honorable Adelaide “Alex” Sink. Alex served as Florida’s elected Chief Financial Officer from 2007 to 2011. Prior to elected office, Alex had a 26-year career at Bank of America where she served on several nonprofit boards. 
    We discuss how serving on nonprofit boards helped her banking and political career, evaluating and eliminating conflicts of interest, and the power of relationships made through board service. To end the episode, Alex provides advice for how young professional women can begin giving back to their communities.
    Timestamps:
    00:00 Introducing the Honorable Adelaide “Alex” Sink
    03:55 Did the desire to give back start from a young age?
    05:30 Sitting on boards during her banking career
    07:40 What did you learn from serving on nonprofit boards that helped you in your career?
    09:25 The importance of being engaged in the mission
    12:25 If you are joining a board, you need to devote the time
    16:45 Serving on boards as the CFO of Florida, evaluating conflicts of interest
    19:55 Serving as the chair of Florida Healthy Kids
    21:40 Difference between serving on a for-profit and nonprofit board
    23:20 Advice to nonprofit board members - ask questions, speak up
    26:20 What challenges should a nonprofit board member be aware of
    29:00 Making connections through board service
    30:20 Advice to young women about serving on a nonprofit board
    33:45 Pick one thing to get involved in the community
    34:40 Encouragement to be on a nonprofit board
    Listen to the podcast on any of the following platforms:
    Apple Podcasts
    Spotify Podcasts
    Amazon
    iHeartRadio
    Visit us at: www.thecorleycompany.com/podcast

    • 37 min
    10 Tips for Mitigating Fraud

    10 Tips for Mitigating Fraud

    A nonprofit's #1 currency is trust.  Any fraudulent activity by a nonprofit agency negates this trust. The Board has a role and responsibility to minimize the risk of fraud. This week, we discuss 10 tips for nonprofit boards to help mitigate fraud in their organizations.
    Timestamps:
    00:00 How nonprofit boards can mitigate fraud risk
    01:40 #1-3 - Establish a Strong Ethical Culture, Implement Clear Policies and Procedures, Segregation of Duties
    03:05 #4-6 - Regular Financial Oversight and Reporting, Board Oversight and Involvement, Independent Audit Committee
    04:20 #7-10 - Whistleblower Policies, Regular Training and Education, Monitoring and Evaluation, Lead by Example
    Join us every week as we release a new podcast with information about how you can be the best board member and provide great service to your organization.
    Listen to the podcast on any of the following platforms:
    Apple Podcasts
    Spotify Podcasts
    Amazon
    iHeartRadio
    Visit us at: www.thecorleycompany.com/podcast

    • 7 min

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