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Nonprofit Boards of Directors

Nonprofit Boards of Directors. Adapted from Skye Richendrfer, Celtic Arts Foundation Executive Director and Nonprofit extrodinare! Thank you!. What are the responsibilities of nonprofit Boards 1 ?. Boards of Directors have three primary responsibilities: Set Direction Ensure Resources

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Nonprofit Boards of Directors

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  1. Nonprofit Boards of Directors Adapted from Skye Richendrfer, Celtic Arts Foundation Executive Director and Nonprofit extrodinare! Thank you!

  2. What are the responsibilities of nonprofit Boards1? • Boards of Directors have three primary responsibilities: • Set Direction • Ensure Resources • Provide Oversight 1The Board Building Cycle, Hughes et al

  3. Set Direction • Develop & maintain focus on mission & vision • Establish & oversee implementation of a strategic direction • Delegate authority for organizational management • Articulate, safeguard, model & promote organizational values

  4. Ensure Resources • ID human & financial resources needed for implementation of mission • Establish policies for how these resources will be acquired, including policies for board member participation • Ensure that necessary resources are made available

  5. Provide Oversight • Establish financial policies & ensure accountability • Ensure compliance with applicable laws AND ethical standards • Monitor progress & evaluate outcomes

  6. There are specific legal requirements as well • Obligations for meeting legal requirements rest with Board • Duty of Care (ordinary prudent person) • Duty of Loyalty (faithfulness to the organization) • Duty of Obedience (organization remains obedient to its central purpose)

  7. Board Responsibility Overview • “Ultimately, board members are responsible for protecting the organization from legal action, promoting a safe and ethical working environment, and safeguarding the organizations integrity.” • -Legal Obligations of Nonprofit Boards

  8. 10 Major Responsibilities of a Board of Directors (from BoardSource) 1. Determine the Organization's Mission and Purpose 2. Select the Executive 3. Support the Executive and Review His or Her Performance 4. Ensure Effective Organizational Planning 5. Ensure Adequate Resources 6. Manage Resources Effectively 7. Determine and Monitor the Organization's Programs and Services 8. Enhance the Organization's Public Image 9. Serve as a Court of Appeal 10. Assess Its Own Performance

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