There are a few very good reasons to do this, but there are also some bad reasons why some founders continue to go unpaid long after the "start-up" phase has ended. For profit and non-profit leaders often put their end-goal first, and themselves last. This signifies the volunteer, representing the will of the board, can have final authority in all daily issues. It is profits that he will be funding through his company directly to the non-profit, so it is just he and I that will be running the foundation. Nonprofit Chief Executives Should Have Title: President/CEO, Updated & Expanded. The president title may be used more in LLC’s, where the founders may become silent, and assume the title of … This non-profit executive director job description sample is the perfect platform on which to create a posting that will attract the most dedicated candidates. Technically, he is the founder, and will make all financial decisions. As others have mentioned, those titles have become somewhat devalued in today's world -- especially if you are in a sales meeting with a large organization. The title of president is also widely used by Entrepreneurs and business owners. Many purchasing agents at large organizations are bombarded by Founders/ CEOs/ Presidents visiting them all day. The title for a founder who ceases to work at the company is: Founder. A nonprofit organization can’t be created to help a particular individual or family, for example. Most entrepreneurs need to spend some time bootstrapping. In the end, I recommend CEO-founders be generous in doling out the co-founder title. “You will always be a Founder or Co-Founder and your title will change,” serial entrepreneur Tanis Jorge says. Founding the company is a specific, immutable act that cannot be "undone" after the person leaves the company. When nonprofit organizations reach a budget level of over $1 million and have about 10 staff members it is time to offer the chief operating officer the title of PRESIDENT/CEO. Problem is, I am having issues with titles. The "past relationship" should be indicated in some other way, such as "Founder and former CEO" or "Co-Founder, who left the company in 1977". The big question is who carries the CEO title? I say: bite the ego bullet and offer the co-founder title in full. Customize the structure and organization of this ad by filling it in it with your specific job duties and requirements, and turn … Some nonprofits, in their early stages, have a volunteer, part-time President/CEO with operational authority, as well as board chair responsibilities. If that was possible, we’d all have our separate nonprofit organizations. A lot of founders obsess with holding the CEO title as an indication of the level of control they can exercise in an organization. The President Title. 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