A nonprofit board is responsible for the organization’s fiduciary duties and ensures its long-term sustainability. They ensure that your organization has the funds needed to carry out its mission and ensure that it’s run legally and ethically through governance and financial management policies. They also review and approve the executive director’s performance and compensation, as well as other managerial issues.
Nonprofit boards are usually comprised of people who are connected to donors and other prominent members of the community as well as those who are committed to the cause and the goals. You should also seek out people who are organized so they can comprehend how the whole picture is put together and what each department is required to do.
Board members must have an unwavering commitment to the charity and its mission, and must be able to dedicate significant time and energy to fulfilling their responsibilities. They should also be able clearly to explain their role as trustees and the impact of the decisions they make. They should be cautious about gossip or rumor and they should not try to curry favor with other trustees or employees by playing with their own personal preferences.
It is essential that your new board members are aware of their primary responsibilities. many organizations use orientation sessions to educate their new trustees about their fiduciary and legal obligations as well as other governance practices. They can be led either by your executive director or fellow board members.
