3 ms·

I think it's incredibly responsible that they take governance seriously at a small organization like this. It'd be easy to take donations in some informal or cr

I think it's incredibly responsible that they take governance seriously at a small organization like this. It'd be easy to take donations in some informal or crowdfunded way but going down the route of registering as a charity and having proper accounting and paperwork in place goes a long way to make sure people can be certain that their money is used well. In particular if the people running it ever change.

texasbigdata 4y ago
Being on the board of an American charity is kinda stressful imho. Even when you have D&O insurance if you’re on the board. Having buttoned up financials and processes and controls is a HUGE sign of relief for anyone on the outside considering partnering / joining / advising.