Winding up a Not For Profit

I was surprised when I was reading the Australian Institute of Company Directors report recently, it was a report on Not For Profit Governance and Performance in 2015.  The report was saying that one of the factors was that 8% of all boards in the non-profit sector have discussed winding up in the last year.  I was surprised by that. I know there’s been a lot of discussion around mergers over recent years, but that number, 8% of boards having discussed winding up in the last year, is surprising to me.  And the interesting thing too, is if you look at the size of the organi