A nonprofit board is responsible for the organization’s fiduciary responsibilities and oversees its future sustainability. They ensure that your organization is able to databoardroom.com fulfill its mission and that it is managed ethically and legally, through governance and financial management policies. They also review the executive director’s performance as well as compensation and other important management issues.
Nonprofit boards are often composed of people who have connections to donors and other important members of the community and who are committed to your cause and its goals. You should also seek out those who are meticulous, so that they understand the big picture and how the pieces work together and what is required in each department and how it impacts the overall goals.
Board members must have a strong dedication to the organization and its mission, and should be prepared to dedicate considerable time and effort to meeting obligations. In addition, they must be able to clearly articulate the value they bring as a trustee and the impact of their decisions. They should be cautious about gossip or rumor and they shouldn’t try to gain favor among other trustees or employees by playing favoritism.
It is vital that the new board members are aware of their core responsibilities. Many organizations conduct sessions of orientation to teach the new trustees on their fiduciary and legal responsibilities, as well other governance practices. They may be led by other board members or your executive director.