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  1. Nonprofit organization. A nonprofit organization ( NPO ), also known as a nonbusiness entity [1] or nonprofit institution, [2] and often referred to simply as a nonprofit (not followed by a noun), is a legal entity organized and operated for a collective, public or social benefit, as opposed to an entity that operates as a business aiming to ...

  2. A board of directors (commonly referred simply as the board) is an executive committee that supervises the activities of a business, a nonprofit organization, or a government agency . The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the ...

  3. Wikimedia Foundation. The Wikimedia Foundation, Inc., abbreviated WMF, is an American 501 (c) (3) nonprofit organization headquartered in San Francisco, California, and registered there as a charitable foundation. [5] It is best known as the host of Wikipedia, the seventh most visited website in the world. However, the foundation also hosts 14 ...

    • $154.7 million (2022), $162.9 million (2021)
    • Jimmy Wales
  4. Feb 19, 2024 · Board of Directors - B of D: A board of directors (B of D) is a group of individuals, elected to represent stockholders . A Board’s mandate is to establish policies for corporate management and ...

  5. Jul 7, 2023 · Boards may include the CEO and sometimes also the chief financial officer, as well as nonexecutive and independent directors. It’s the job of the lead singer—or CEO—to make sure the strategy is executed. In today’s rapidly changing business and societal landscapes, effective board governance is more important than ever.

  6. Jul 5, 2022 · The board of directors is responsible for setting strategy, finding the CEO or executive director and establishing committees that often handle the day-to-day operations of an organization. For associations, finding board members committed to the organization's values and goals is essential. Not only should you outline your term limits and ...

  7. Mar 23, 2024 · The Board was formed in 2003 with three Trustees, and since 2020 consists of up to 16 Trustees. It appoints officers from the Trustees: a Chair, up to two Vice Chairs, and committee chairs. The Board appoints non-Trustee officers: a Chief Executive Officer, a Treasurer, and Secretary. The work of the Board partly involves resolutions and votes.

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