Nonprofit boards are the protectors of an organization’s mission. They offer insight, foresight, and oversight. Imagine them in the crow’s nest looking out to see stormy clouds (or rainbows) to chase, or to wait for. The majority of nonprofit board members are volunteers who receive no compensation.
The primary function of a nonprofit board is to set and uphold the organization’s policies that govern its operations. These could include governance, financial management ethical and legal guidelines and strategic planning. The board is responsible for supervising the executive director and ensure that the non-profit has all the resources it requires to help advance its cause.
The board is responsible for representing the organization’s interests in its community as well as its More Info donors and to outside parties. Often, this includes advocating for its cause in political or public arenas. The board should also help the organization to develop a business model that will be long-term sustainable.
In order for the board to reach these goals, it has to be composed of a variety of skills and experience. Many nonprofits search for people from a variety background and industries to find them. They are typically connected with the nonprofit’s cause and have the capacity to assist in bringing about changes and growth within the organization.
It is important for board members of nonprofit organizations to be aware of their primary responsibilities. This will help them avoid mistakes and misinterpretations that could damage the reputation of the organization, or lead to costly lawsuits.