Regardless of the size of a Friends group, if the organization has achieved 501(c)(3) status, there are specific accountabilities the Friends officers must meet to keep the organization legally viable.  In this review of nonprofit boards’ legal and fiduciary duties, an attorney from the Pro Bono Partnership will explain ways to provide the best oversight possible for the organization, keeping Friends groups functioning effectively and using their charitable resources appropriately in support of their library.  Recent changes to the New York Nonprofit Revitalization Act of 2013 affect the day-to-day operations of the Friends, including transacting business by the Board, conflict of interest policies, and more.  Learn what documents should be kept in your board book, how technology can and cannot be used to conduct board business, and practical strategies for more effective meetings.

After the webinar, attendees will be able to identify and apply the essential legal and fiduciary responsibilities of nonprofit boards.  They will recognize the effect of recent changes to NYS laws governing nonprofits and be able to implement organizational changes in order to be in compliance.  Attendees will be able hold effective Board meetings for Friends organizations by applying the best practices addressed in the webinar and be able to determine standard operating procedures for updating by-laws and handling other management issues for nonprofits.

Participants will be invited to submit questions prior to the webinar so that personal cases can be addressed during the question and answer period.  The webinar will also be recorded and archived for future viewing on the NYLA website.