Board Member Mileage Reimbursements

Board Member Mileage Reimbursements

Issue We complete our “mini-series” on board member payments/benefits this week. Does your institution reimburse board of trustees members for travel expenses? Mileage? At what rate? Situation Marathon Bible College (MBC) is a public charity under I.R.C. section...
Board Member Scholarships

Board Member Scholarships

Issue We continue the “mini-series” on board member payments/benefits this week. What is the taxability (if any) of scholarships that may be offered to board of trustees members and/or their families? Situation Denali Christian College (DCC), a public charity under...