The Board of Directors of GiveWell has decided in a very thoughtful, positive, proactive and restorative manner to punish their exec for misbehaving posing on line as an unrelated donor) and charging that Exec $5,000 for the misdeed and, making the ED take a professional development course (perhaps on ethics).
The Board decided that the Exec still had the best intentions in mind and just chose a bad approach that in effect, was misleading.
Three cheers for a board that has clear policies with consequences it imposes for failure to observe these policies. In addition, three cheers for a board that values honesty above all else, even offering to compensate the donors who were "misled".
This is responsible philanthropy! This is great governance!
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Thursday, January 10
by
mikeb
on Thu 10 Jan 2008 07:00 AM EST
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Thanks Readers!! The number of folks reading this blog has grown steadily. Unfortunetly, this blog host is not able to handle the traffic and I have moved my blog. Please check out (and bookmark) my new location http://www.nonprofitboardcrisis.typepad.com Thanks for helping to make this a success!! My mission: to change the world one nonprofit at a time. I fix broken nonprofits with a focus on resolving nonprofit board/exec relationships. I also help nonprofit boards and staff figure out where they want their organization to be in the future and focus on the four columns of a nonprofit: program, management and operations, governance and sustainability. If you would like to know more about me and my firm, please visit my web site: www.brodyweiserburns.com - Mike Burns
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Thanks Readers!! The number of folks reading this blog has grown steadily. Unfortunetly, this blog host is not able to handle the traffic and I have moved my blog.