This week on I 501(c) You, Michael sits down with Sandra Bograd, Of Counsel at Genova Burns, to unpack the often-misunderstood world of nonprofit and corporate board governance. Drawing from decades of experience in law, compliance, and ethics, Sandra breaks down what makes boards effective, how governance in nonprofits and for-profits overlap, and why board members must lean into their fiduciary roles, paid or not. If you've ever wondered what separates a high-impact board from a passive one, this episode is essential listening for nonprofit leaders, board members, and governance professionals. Timestamps: (00:00) Introducing Sandra Bograd, Esq., Of Counsel, Genova Burns, LLC (08:00) How did you navigate stakeholder relationships? (10:30) What is good governance? (12:45) Ensuring good governance (15:00) Getting the board on board (18:40) Is governance different on for-profit and nonprofit boards? (20:45) Role of the board chair (23:05) Prepping for board meetings (24:30) Benefits of strong board governance (29:15) Risks of joining a board (35:25) Thoughts when nonprofits are victims of fraud (39:35) Board speaking with senior staff Join us every other week as we release a new podcast with information about how you can be the best board member and provide great service to your organization. Listen to the podcast on any of the following platforms: YouTube Apple Podcasts Spotify Podcasts Amazon iHeartRadio Visit us at: www.thecorleycompany.com/podcast