Board Best Practices – Financial and Legal Considerations


Nonprofit Webinar Series

Course Description
This session is designed primarily for nonprofit board members, although members of Senior Management are welcome as well in the spirit of both groups working from the same playbook! After this session, board members will have an understanding of your role as a member of the board, learn about your fiduciary responsibilities, gain an appreciation for your liability and how to manage it and walk away with some practical financial and legal best practices for you and the board as a whole as you work with management to elevate your organization.

Learning Objectives:

  • Discuss the role of a board member.
  • Identify a board members fiduciary responsibility.
  • Identify board member liabilities and how to manage them.
  • Examine practical financial and legal best practices for board members.

Brenda Blunt, CPA, CGMA, Partner | Eide Bailly

Brenda serves nonprofit organizations, their affiliates and stakeholders by providing tax compliance, tax and business consulting and tax controversy services. Whether addressing day-to-day needs or assisting with tax planning when moving into new lines of business, starting an enterprise, going through a merger or acquisition or closing down the entire organization, she can help. 

Making complex information and rules understandable and accessible, providing advice and direction (including saying “yes” when at all possible and “no” when necessary), and staying calm when things are tough are what Brenda's clients say they appreciate about working with her.

Kendis Muscheid, Partner | Ballard Spahr
Kendis Key Muscheid is a Team Leader of Ballard Spahr's Exempt Organizations Team. She is one of the leading nonprofit tax attorneys in the Southwest, and she focuses her practice on the representation of nonprofit and tax-exempt organizations, charitable trusts, and donors making charitable gifts.

Kendis advises clients on the qualifications for tax exemption, conversions to and from tax-exempt status, obtaining and maintaining favorable tax treatment, reporting and government filings, and the creation and operation of supporting organizations. She also counsels organizations on nonprofit governance, advocacy issues, unrelated business income tax matters, endowment creation and management, restructuring multi-tier entities, and issues involving charitable solicitations, mergers, and acquisitions. Additionally, she represents clients during IRS audits and appeals processes.

CPE Information
CPE Credits: 1
Field of Study: Accounting
Level of Knowledge: Basic
Delivery Method: Group-Internet Based

Additional Information: 
This is a web-group seminar. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 612.253.6628.

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Financial Services Audit & Assurance