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Not-for-Profit vs For-Profit: How Different?

Classroom
February 21, 2018
Washington, DC


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Member Price: $65
Non-Member Price: $95

Overview

 

Overview:

Not-for-profit organizations are “mission accomplishment” driven. For-profits are “shareholder value created” driven. Do directors have fundamentally different fiduciary duties and responsibilities when serving in these two different types of entities? Are skill sets for directors fundamentally different? What makes a director great? This high-impact session pulls apart the key ingredients (including skills) of “great” directors serving in these different legal entities. Valuable insights, trap doors being spotlighted, and best practices of star performing directors all will be takeaways from this “must attend” session.

 

Takeaways:

  • Mission accomplishment vs. shareholder value creation: Are director responsibilities truly fundamentally different?  In what ways?
  • Director skill requirements:  How different between the two types of entities?
  • Capital raising vs NFP fundraising: Issues for directors
  • Trap doors and stumbling blocks in NFPs:  Lessons learned
  • Legal and tax NFP issues: What directors need to know
  • Best practices in great performing NFPs: What makes a great director?

 

Thank you to our event sponsor:

 

Location and Time

 

KPMG
1801 K Street, NW
Washington, DC 20036

5:30 p.m. - 6:00 p.m.: Networking, Cocktails and Delicious Cuisine
6:00 .p.m - 7:30 p.m.: Program
7:30 p.m. - 8:00 p.m.: Post-Program Networking


Speaker Spotlight

 

David Rehr

Dr. David Rehr is an association CEO with over 25 years experience in advocacy, governance, federal policy, and management. He is currently a Professor at the Antonin Scalia Law School at George Mason University where he teaches Legislative Advocacy and Strategic Leadership.

His research areas focus on association leadership and communicating with the U.S. Congress. Most recently, Rehr was the lead researcher for Association CEO: Leading through Change (2016), Diversity and Inclusions, Core Values Among Associations (2017) and, the recently released, Association and Nonprofit Boards: Maximizing Effective Service.

Rehr previously served as the President and CEO of the National Association of Broadcasters (NAB). With the help of a great team, Rehr increased the effectiveness of the NAB while streamlining its program offerings to reflect the future. He also initiated and led an industry-wide branding effort to “re-set” inaccurate perceptions of the association and the industry from being seen as “old media” to one that embraces “digital media” and the future emerging technologies hold.

Before joining the NAB, Rehr was President of the National Beer Wholesalers Association (NBWA). Under his leadership, NBWA’s visibility in the advocacy community soared, and the association was ranked as one of the top ten most influential lobbying organizations by Fortune magazine.

He holds a doctorate in economics from George Mason University, has been named to Washington Life magazine’s Power 100 list, and is annually listed as a Top Association Lobbyist by one of Congress’ “must read” publications, The Hill. Rehr has appeared ABC, NBC, CNBC, Hearst TV, Sinclair Broadcast, and FOX Business.

Rehr has served on a number of boards, including Juvenile Diabetes Research Foundation (JDRF), the U.S. Chamber of Commerce Foundation, the Graduate School of Political Management, George Washington University, the Board of Regents, Saint John’s University, NAB Educational Foundation, TransparaGov, Inc., and the TransparaGov Educational Foundation. Rehr is the Treasurer of the Donaldson Recreational Association.


Tim Furey

Tim Furey is the Founder and CEO of Bethesda-based MarketBridge, a leading provider of Sales & Marketing software and analytics solutions to enterprise corporations in the technology and financial services industries. His clients have included the senior leadership teams and boards of companies such as Hewlett-Packard, Microsoft, Humana, Citibank, and IBM. Prior to founding MarketBridge, Tim worked with Boston Consulting Group, Mercer Management Consulting, Kaiser Associates and the Marketing Science Institute.

Tim has served on the Board of Directors of Skyworks Solutions (NASDAQ: SWKS), a leading manufacturer of semiconductors for the wireless industry, since 2004. While at Skyworks, he has chaired the Compensation Committee and served on both the Audit and Governance Committees. Prior, he was a Director of Alpha Industries (AMEX) and has served on several private, not-for profit boards. Tim earned a Bachelor’s degree in Economics, cum laude, from Harvard University and a Masters of Business Administration from the Harvard Business School.


James Singerling

James B. Singerling, CCM served as the CEO of the Club Managers Association of America (CMAA) for 25 years before retiring in 2015.

Singerling began serving as CEO in 1990 and is credited with elevating the professional role of club managers by creating industry-standard development and certification programs. Over the past two decades, he spearheaded efforts to adopt the general manager/chief operating officer model at clubs nationwide, raising the qualifications and quality of club managers. Singerling is also recognized for building new relationships for the industry with federal and state governments and within the association community.

In addition to his work within the U.S., Singerling was instrumental in the development of professional club management associations internationally, helping other nations elevate the role of club managers by adopting professional standards and certifications. Regions where his leadership is recognized include South America, Australia, China, South Africa and the Asian-Pacific corridor, among others.

Prior to becoming chief executive at CMAA, Singerling was a leader in the golf course design and management companies of Robert Trent Jones, Sr., and also served as vice president and general manager of the Coral Ridge Country Club in Ft. Lauderdale, FL.

Singerling has been recognized as Industry Leader of the Year by the University of Nevada, Las Vegas, and Michigan State University, in addition to receiving awards from Florida State University, Pennsylvania State University, Oklahoma State University and Sun Yat Sin University – China. He also was elected to the Association Committee of 100 by the U.S. Chamber of Commerce, widely recognized as the most prestigious organization of chief executives in the United States.

Singerling currently serves on the Board of Directors, as a public company Director, of DSG Global (DSGT), Vancouver, BC and SRS, Inc. Singerling also serves as an advisor to APAX Partners, LLC and is an active member of the National Association of Corporate Directors (NACD).


Accreditation

 




Question about this Event?

Contact NACD Capital Area Chapter 400 North Washington Street, Suite 300, Alexandria, VA, 22314 phone: 703-683-4035 email: programs@capitalarea.nacdonline.org