Title: Organizational founder - Wikipedia
Headings: Organizational founder
Organizational founder
Contents
Issues arising from the role
Legal status
Founder emeritus
Founder's dilemma
Forgotten founder
See also
References

Content: Organizational founder - Wikipedia
Organizational founder
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Person who creates a new organization
An organizational founder is a person who has undertaken some or all of the formational work needed to create a new organization, whether it is a business, a charitable organization, a governing body, a school, a group of entertainers, or any other type of organization. If there are multiple founders, each can be referred to as a co-founder. If the organization is a business, the founder is usually an entrepreneur. If an organization is created to carry out charitable work, the founder is generally considered a philanthropist . Contents
1 Issues arising from the role
1.1 Legal status
1.2 Founder emeritus
1.3 Founder's dilemma
1.4 Forgotten founder
2 See also
3 References
Issues arising from the role
A number of specific issues have been identified in connection with the role of the founder. The founder of an organization might be so closely identified with that organization, or so heavily involved in its operations, that the organization can struggle to exist without the founder's presence. " One practical way to cope with overreliance on a founder is to distribute management duties so that others are clearly responsible for important operations. If the founder is on the nonprofit's board, part of the solution is to make sure that the board is diverse, balanced, and regularly infused with new blood". Legal status
The language of securities regulation in the United States considers co-founders to be "promoters" under Regulation D. The U.S. Securities and Exchange Commission's definition of "Promoter" includes: ( i) Any person who, acting alone or in conjunction with one or more other persons, directly or indirectly takes initiative in founding and organizing the business or enterprise of an issuer;