Private Directors Association NFP

The Private Directors Association NFP is a U.S.-based nonprofit organization dedicated to enhancing the governance and operations of privately held companies. It focuses on providing resources, education, and support to private company boards and directors, aiming to improve value, growth, and sustainability through excellence in private company board governance.

Type of Nonprofit

The Private Directors Association NFP is classified as a 501(c)(6) organization. This designation is reserved for business leagues, chambers of commerce, real estate boards, and similar groups focused on improving business conditions. As a result, donations to this organization are not tax-deductible.

Activities and Programs

The association conducts various educational programs at both national and chapter levels. These programs include events and workshops designed to educate and engage members. Additionally, individual membership benefits include access to exclusive resources such as podcasts and the Private Governance Certificate.

Financial Overview

The organization's financial support primarily comes from contributions and program services. In recent years, contributions have made up the majority of its revenue, with program services contributing smaller but significant portions. Expenses are mainly attributed to compensation and operational costs, with executive compensation and other salaries and wages being notable expenditures.

Governance and Structure

While specific board member information is not publicly available, the organization operates as a governance body supporting private company directors. Nonprofit organizations like the Private Directors Association NFP often have boards that oversee strategic decisions and ensure alignment with their mission. However, this organization does not publicly disclose its board members.

Mission and Impact

The mission of the Private Directors Association NFP is to foster excellence in governance among private companies by providing educational resources and networking opportunities. By enhancing the effectiveness of private company boards, the organization contributes to improved corporate performance and sustainability across the private sector.

[1] https://projects.propublica.org/nonprofits/organizations/471545554 [2] https://en.wikipedia.org/wiki/Nonprofit_organization [3] https://www.privatedirectors.org/index.php?option=com_dailyplanetblog&limitstart=60 [4] https://www.causeiq.com/organizations/private-directors-association-nfp,471545554/ [5] https://www.guidestar.org/profile/47-1545554