Additional Board Responsibilities
Most Board members understand that it is their responsibility to provide fiscal and programmatic oversight and guidance for the organization they govern; however, they are
Most Board members understand that it is their responsibility to provide fiscal and programmatic oversight and guidance for the organization they govern; however, they are
You’ve been asked by a nonprofit organization to join its Board of Directors. With that comes a tremendous level of responsibility that goes beyond just
At its most basic level, a related party is one that is either directly or indirectly able to significantly influence or control another party. Thus,
Boards of directors function in interesting ways. Whenever a group of people closely interact, collaborate, form joint decisions, vote, and are held accountable, there exists
There are generally two types of committees; committees of the Board and committees of the organization. Committees of the Board have the ability to take
Every member of the Board of Directors has important responsibilities that are unique to his/her position on the Board. It is important that each member
There is always a question as to where a Board’s responsibilities end and management’s starts. There are no hard and set rules; what works for
Behind every successful nonprofit organization is a Board of Directors that implements and follows best practice policies and procedures. Such policies help to ensure that
1. Define the organization’s mission and purpose. It is the Board’s responsibility to define and review the organization’s statement of mission and purpose, which lays out
Each Board member, in accepting a position on the Board, agrees to certain duties: the duty of care, the duty of loyalty, and the duty