Thursday, August 21, 2008

The Costs of Nonprofit Board Management

Just how much of an investment do you make managing your nonprofit's board? A recent national survey by the Alliance for Nonprofit Management attempted to answer that question.

Survey results suggest that "the average nonprofit incurs more than $7,500 in staff time and expenses annually to manage the work of its board of directors." To say that that number surprised me is an understatement.

For a brief round-up of the survey highlights, click here. I'd be interested in your reaction to the evidence presented in this overview.

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