Board Recruitment: Avoiding Related Parties

Board Recruitment: Avoiding Related Parties
Board Recruitment: Avoiding Related Parties

Volume 45

No. 3//

March 2, 2020

Excellent Board recruitment is the responsibility of the Committee on Trustees. You, as the Chair of this committee, should make certain you’re familiar with IRS guidelines, critical to empaneling Board members. As a 501(c)(3), your private-independent school is considered a public charity by the IRS and exempted from paying federal taxes. With this benefit, the IRS has placed Board membership requirements that are critical to understand.

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