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Nonprofit Dissolution: What to Do When Closing the Doors

Dissolution, or the closing of an organization in its current state, is more common than one might think. But when an organization seriously considers ending its life, it’s a difficult and complex process. It is a time of mixed and strong emotions for those involved, including a nonprofit board, senior staff, administrative and line staff, partners, and stakeholders.

By federal and state law, nonprofit organizations should outline in their articles of incorporation and bylaws all tasks and responsibilities regarding organizational dissolution, and these policies must be followed. But most nonprofit organizations have not drafted such policies and procedures.

The full article can be viewed here

 

 

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 Mid-Nebraska Community Foundation

Mid-Nebraska Community Foundation has served charitable people and worthy causes since 1978. The Community Foundation administers more than 250 charitable and scholarship funds. Each fund has its own charitable purpose and specifications. Last year, more then $1 million was disbursed from charitable and scholarships funds. These disbursements were made possible by the generosity of donors and by tax-exempt investments earnings on the funds. The Community Foundation primarily serves North Platte, Lincoln County and adjacent counties in Nebraska.

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Calendar more

8/10/2017 » 8/24/2017
Idealware: Establishing Tech Policies to Protect Your Nonprofit

8/24/2017 » 8/25/2017
SHRM Nebraska State Conference

8/24/2017
WEBINAR: Pave the Way for a Successful #GivingTuesday

8/28/2017
A United Golf Classic

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