Question: 501c3 - Must Members have term limts?
We are a 501c3 and have Bylaws that we are currently working to change (making co-Presidents instead of President and President elect. We also want to remove the 3 year limit we have on serving on the board. We have struggled to find people for the last 2 years and feel that moving people out just because they have served 3 years does not work as there are not many people who want the responibility. Some people on the Board have much younger children and would like to serve again at a later time. I was told that term limits were necessary for a 501c3, but cannot find anything online about it.
Asked by Anonymous
Advice from PTO TodayCraig writes:
As far as I know, the IRS doesn't require term limits for 501c3s. If your group is incorporated, possibly there is a state rule that requires them. You might consider adding a clause to your term limits rule that says board members may serve for a maximum of three years unless there are no other candidates for that office. That way you let somebody else have a chance when a new person wants to fill that office, but you don't have to dump people when there's no one else to take over.
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