As a not-for-profit director, you may occasionally wonder whether it is beneficial to offer compensation to your board members. Most often, not-for-profits that are able to afford to pay their board members are larger, multifaceted organizations, such as art institutions, national foundations or healthcare systems.

In-kind donations, also known as gifts in kind, are donations of services, goods or time. They can include physical goods, such as clothing, equipment or supplies, as well as immaterial items like royalties, copyrights, advertising or patents