The following pieces speaks on the role of the Board in the demise of the non-profit organization Hull House, as well as the relationship between the Board and the Executive Director of the organization, indicating a lack of vigilance on the board’s part to scrutinize the financials of the organization that were declining before the economic downturn; was there an over reliance on government funds?; the fault of the staff and leadership of the organization for perhaps “sugarcoating” and downplaying the declining financials; and perceived “cultural gap” between members of the board and organizational leadership. Did the Board fail to ask the hard questions? Did the board do enough to contribute to the financial health of the organization over the course of several years?
Hull House Collapse Is a Cautionary Tale for Boards and Executives
https://www.philanthropy.com/article/Hull-House-Collapse-Is-a/190601
Some Fear Hull House Closure Is an Omen for Struggling Charities
https://www.philanthropy.com/article/Collapse-of-Famous-Hull-House/157181
One Response to Lesson Three: Shared Resource- Lessons from Hull House