Recorded Webinar 101: Updating Your Bylaws to Provide Better Fiscal Oversight

Format: Webinar Recording

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More and more frequently, nonprofits are seeking legal updating of their bylaws. But the real issue isn’t whether the language of your bylaws matches the current language of the law. Instead, it’s whether your bylaws contain the essential components to provide a complete and workable framework for the board to meet its fiduciary responsibilities. Join Nancy Lee, a practicing attorney and a BoardSource certified governance trainer, to learn how thoughtfully crafted bylaws can provide your board with the guidance and flexibility to act in the best interests of the organization.

Nancy Lee has provided legal counsel to nonprofit and for-profit organizations for more than 25 years. Her work with nonprofits (principally public charities, private foundations, and trade associations) focuses on formation, governance, tax-exemption and compliance matters, and relationships between affiliated for-profit and nonprofit entities. She has worked with numerous boards and senior management teams providing counsel in all phases of the organizational life cycle. This work involves not only helping them to understand their roles, responsibilities, and the organization’s operation in today’s legal and regulatory environment, but also helping to put that knowledge into practice to become a more effective organization. Nancy’s extensive experience in nonprofit governance includes organizational structure and capacity building, bylaws, board and staff roles, responsibilities and relationships, and conflict of interest issues. Nancy received a B.A. degree from the University of California, Berkeley; a J.D. degree from the University of California, Hastings College of the Law; and a M.B.A. degree from the University of California, Los Angeles. She is licensed to practice law in the State of California. She strives to provide practical advice to clients and has a particular understanding of the board member’s perspective as a result of having served on the boards of more than 15 local, statewide, and national nonprofit organizations, including as board chair and committee chair.