Board Members’ Responsibilities

From food banks to recreation centers to cancer charities, these non-profit organisations would not be there without the contributions of volunteers and dedicated board members. They are required to act in the best interests of the organization, and disclose any conflicts of interest that could compromise objective decision-making.

Your most effective ambassadors are the most enthusiastic and passionate board members. They should be proactive in promoting the organization in their personal and professional networks, trying to ignite that passion in others. This includes sharing information about your work or attending events, as well as helping to support the mission through their charitable donations.

As the board’s voice and eyes, they should be able to scrutinize and refine business strategies to ensure that they are scalable, flexible and aligned with the overall goals of the organization. This usually involves the assessment and mitigation of risks, such as operational, financial, legal, and reputational threats.

This is a vital duty for board members and it requires an enormous amount of time and effort. The board should be able to identify the most risky areas that require attention and put them in the context of the company’s overall strategy.

The board must be aware http://wellsfargo-com-activate.com of state-specific „Sunshine Laws” and other regulations that impact how nonprofits conduct business, and should be able to communicate the implications of these laws to the organization’s day-today activities. It is also essential that the board has a good understanding of the organization’s tax status and the ramifications.