82 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
    • 4.6 • 10 Ratings

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.

    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
    Why You Should “Put Results First” by Creator and author Hal Williams

    Why You Should “Put Results First” by Creator and author Hal Williams

    This week, we speak with Hal Williams. Hal is the creator of Results 1st and the author of the new book “Put Results First”.  Results 1st helps individuals and groups focus on results in each of their functions, activities, processes, and structures.
    Together, Michael and Hal dive into the 4 parts of the book, including discussions on defining success before designing a program, how to improve nonprofit accomplishment, and being “achievement based.” This book will help any nonprofit organization greatly improve their program results. It all starts with asking “so what?”
    Results 1st website
    Buy the book
    Timestamps:
    00:00 Introducing Hal Williams, Creator of Results 1st
    02:50 Creating Results 1st
    05:25 What does it mean to be “achievement based?”
    07:25 Set targets and define success BEFORE starting a program
    08:52 Tracking milestones for a program
    11:40 “Hold the result constant, let the activity vary”
    12:20 You need to ask “So what?”
    18:10 Communicate by accomplishments
    21:40 Part 2: How do you greatly improve nonprofit accomplishment?
    25:30 Part 3: Practices that pull us away from our results
    28:20 Board members are stewards of results
    29:40 Part 4: Partnerships, Coalitions, Collaborations and DEI
    34:00 How to get the book
    35:35 Recapping with Read
    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

    • 36 min
    For-Profit vs Nonprofit: More than a Tax Status

    For-Profit vs Nonprofit: More than a Tax Status

    In recent interactions with nonprofit board members, there has been a difference in familiarity regarding the operational nuances between for-profit and nonprofit organizations. Given that many board members do not interact with the organization on a daily basis, there may be unintentional assumptions about how nonprofits operate. In this episode, we dive into the fundamental similarities and differences between nonprofit and for-profit organizations, with the goal of enhancing mutual understanding among all participants.
    Timestamps:
    00:00 Introducing the differences between non-profit and for-profit organizations
    01:20 Similarities
    04:10 Differences
    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

    • 10 min
    The Practice of Philanthropy with author Malcolm MacLeod

    The Practice of Philanthropy with author Malcolm MacLeod

    This week, we speak with Malcolm MacLeod. Malcolm is a board chair, retired nonprofit CEO, lawyer, and author of the book entitled, “The Practice of Philanthropy: A Guide for Foundation Boards and Staff.” Malcolm's book is the culmination of 19 years of experience spent as the president and CEO of the Johnson Scholarship Foundation. Those 19 years were not all smooth sailing. Malcolm had to learn by trial and error. He wished he had a reference book for leading a nonprofit. Thus, when he retired, he wrote his own.
    In this episode, we cover several chapters of the book, including the “Essence of Grantmaking," managing your investment managers, and a foundation's approach to values, mission, strategy, and vision. To end the episode, Malcolm provides great advice for CEOs, “trust is your currency” and to board members, “listen.”
    Malcolm’s website: malcolmmacleodauthor.com
    Find Malcolm's book on Amazon
    Timestamps:
    00:00 Introducing Malcolm MacLeod
    03:10 The role of the CEO and board
    04:35 The reason for writing the book, the transition from for-profit to foundation work
    07:00 What do board members/leaders need to know about the "Essence of Grantmaking"?
    08:35 What have you found to be solid principles of Foundation investing?
    10:55 Control your investing costs
    11:20 How do you keep your board informed of investment policy?
    13:30 Compare and contrast your view of Governance as a CEO and now as a Board Chair
    15:06 Positives and negatives of being CEO and Board Chair
    17:45 How do you advise Foundation leaders to approach Values, Mission, Strategy and Vision?
    20:50 Discuss your epiphany about the grantmaking process
    25:20 How might a board "manage" its investment managers? 
    27:35 Closing advice to a CEO 
    29:00 Advice for a board member
    31:23 Recapping with Read
    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

    • 32 min
    5 Reasons Why You Should Attend a Conference for Personal Development

    5 Reasons Why You Should Attend a Conference for Personal Development

    In this episode, Michael shares insights from the Florida Philanthropic Network Annual Summit, highlighting five reasons why nonprofit professionals should attend conferences. He emphasizes networking, learning, idea generation, growth through association, and team building as essential benefits. Michael urges nonprofit leaders and board members to prioritize conference participation for personal and organizational development. Join us for a practical discussion on leveraging conferences to drive nonprofit success.
    Timestamps:
    00:00 The importance of attending conferences for personal development
    01:10 Meet new people
    01:30 Learning about topics of interest for your industry
    02:00 Get new ideas
    02:20 Growth through association
    02:42 Teambuilding
    03:10 Board members, encourage the CEO to pursue personal development opportunities
    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

    • 3 min
    Walk and Talk Your Mission with Take Stock in Children Manatee’s Anne LeBaron

    Walk and Talk Your Mission with Take Stock in Children Manatee’s Anne LeBaron

    This week, we speak with Anne LeBaron, CEO of Take Stock in Children Manatee. Anne had quite the career in the for-profit world as former Sales, Marketing, HR and Recruiting manager before joining Take Stock Manatee as the CEO. Take Stock in Children Manatee is a mentor based organization that partners students with a mentor to earn a scholarship upon graduation from high school.Anne shares her experience transitioning from the for-profit to nonprofit sector including how she utilizes metrics to keep track of performance, as she did in her for-profit jobs. Anne also shares how she took her time getting to know the organization before joining the board. Lastly, Anne provides insight into navigating virtual versus in-person work.
    Timestamps:
    00:00 Introducing Anne LeBaron, CEO of Take Stock in Children Manatee
    02:20 How Anne became CEO and transitioning from Board member to CEO
    05:40 Cutting fundraising events that were not worth the effort, focusing more on the mission
    07:15 How Anne’s experience in the for-profit sector helps with her nonprofit leadership
    08:35 Biggest challenge going from for-profit to nonprofit
    09:50 Balancing in-person versus online work
    12:23 Anne’s approach to fundraising and utilizing the board to fundraise
    16:00 What does the CEO need from their board?
    18:22 Advice for someone transitioning from for-profit to nonprofit
    20:00 Recapping with Read
    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

    • 21 min

Customer Reviews

4.6 out of 5
10 Ratings

10 Ratings

Javabob77 ,

The Go-To Source for Non-Profit Information

Michael Corely is the real deal. I wish I’d know about this podcast when I was head of a non-profit Board.

gottahavemypops ,

Helpful to anyone on a board for a charity (or considering it)

Super helpful podcast! As a board member for a charity and someone who is getting ready to join a second board, this podcast provided really helpful ideas and reminders. In particular, it provided me with things to consider as I join a new board. This podcast fills a void since there are not a lot of other ways to learn about serving on a board. The experience from the guests and the host are much appreciated. Thank you

WB Parrish ,

Great host & essential topics for nonprofits!

This show is a great listen for nonprofit leaders and for board members.

Top Podcasts In Business

Money Stuff: The Podcast
Bloomberg
REAL AF with Andy Frisella
Andy Frisella #100to0
Money Rehab with Nicole Lapin
Money News Network
The Ramsey Show
Ramsey Network
Think Fast, Talk Smart: Communication Techniques
Stanford GSB
The Money Mondays
Dan Fleyshman

You Might Also Like

Founder's Journal
Morning Brew
Inside the Strategy Room
McKinsey & Company
Masters of Scale
WaitWhat
The Tim Ferriss Show
Tim Ferriss: Bestselling Author, Human Guinea Pig
The Prof G Pod with Scott Galloway
Vox Media Podcast Network
The Smart Passive Income Online Business and Blogging Podcast
Pat Flynn