Washington Member's General Proxy for Meetings of the Members of a Nonprofit Corporation

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US-03183BG
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Description

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Nonprofits must have at least three board members when they form.

In Washington, nonprofit corporations must have at least one director. See RCW 24.03. 100. Many other states require a minimum of three directors.

Two or more offices may be held by the same individual, except the president may not also serve as secretary or treasurer.

According to Leading with Intent: 2017 National Index of Nonprofit Board Practices, the average size of a nonprofit board is 15 members; the median board size is 13 members.

Under California law, a nonprofit board may be composed of as few as one director, but the IRS may take issue with granting recognition of 501(c)(3) status to a nonprofit with only one director. It is commonly recommended that nonprofits have between three and 25 directors.

The simple answer is that most authors agree that a typical nonprofit board of directors should comprise not less than 8-9 members and not more than 11-14 members. Some authors focusing on healthcare organizations indicate a board size up to 19 members is acceptable, though not optimal.

In Washington, nonprofit corporations must have at least one director. See RCW 24.03. 100. Many other states require a minimum of three directors.

A substantial majority of the board of a public charity, usually meaning at least two-thirds of its members, should be independent.

Most nonprofit corporations have a president, secretary, and treasurer, and some have other positions such as a vice-president or assistant secretary, depending on their needs and any state law requirements.

Company boards should have an independent majority. An independent majority on the board is more likely to consider the best interests of shareowners first. It also is likely to foster independent decision-making and to mitigate conflicts of interest that may arise.

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Washington Member's General Proxy for Meetings of the Members of a Nonprofit Corporation