The role of boards of nonprofits is essential to the governance of nonprofits. They are accountable for strategic planning, oversight and accountability, and financial stewardship. The Board is also accountable for ensuring that the institution is ethical and transparent with donors and the community. This isn’t an easy task. The Board faces many challenges, which require a significant commitment of time and effort from the board. It is crucial to have the most qualified people on your Board.
A successful board is made up of people with diverse backgrounds, expertise and perspectives that are in line with the goals of the organization. This provides the Board with a broad pool of knowledge and expertise to make informed decisions and guide the organization in the proper direction. The Board should periodically evaluate its own performance and effectiveness as well as provide regular training.
The Board should also be detail-oriented and be able to see the bigger picture. This includes assessing the degree to which the financial activity is line with the budget and determining the price of services and programs, and if they are appropriate costs and the implementation of internal controls to avoid theft or loss, or even confusion.
In addition to these specific responsibility in addition, the Board is required to acting as advocates and ambassadors for the organization. They should help the Executive Director develop and manage the public brand for the organization. They should be available to the media and public and be willing to speak on behalf of the organization when necessary.
