When things go wrong in the world of nonprofits it is typically the board that bears the brunt of the criticism. A poorly functioning board can lead to mismanagement, and even financial disaster. This is why it’s important to make sure that your Board has the skills and experience to ensure that you have the right oversight to your business.
You’ll want to find Nonprofit Board members who are committed to your cause and passionate about serving your organization’s needs. They must have a clear understanding of their responsibilities and roles to take part in all your organizational decisions, including adopting policies, setting the compensation for the executive director, and generating funds.
A well-functioning Board is an important bridge between your nonprofit and the community. It is the job of your board to determine the best way to serve the community through your organization. The executive director and the staff then implement the vision that the board has established in the day-today operations.
In the past, a lot of nonprofits sought out wealthy and well-connected people to be their board members. These connections are still important however, it’s more common now to recruit those who are passionate for your cause and are committed to the cause. It’s also beneficial to find diverse people for different positions, so your board has a range of perspectives and opinions. A study conducted by Korngold revealed that 78% people who serve on non-profit boards say they are more likely to listen when other viewpoints are offered.
www.workboardroom.com/legal-responsibilities-of-nonprofit-board-members/