Nonprofit boards provide the legal and ethical framework that nonprofits need to run. They are vital for the growth of the organization and the community that they serve. It is vital to select the best board members and to provide them with information about their responsibilities, and to provide them with tools to assist them in their success including job descriptions or remote board management software. With these tools in place, you can be sure that your board members are fulfilling their essential responsibilities and paving the way for your goal.
A solid nonprofit board is comprised of enthusiastic individuals who care deeply about the goals of the organization. They are willing to invest their time and resources and understand how important it is to make a difference.
While federal law doesn’t directly define how a nonprofit’s board should be organized but it does require this fiduciary entity to be the organization’s gatekeeper. The board must ensure that the assets of the charity are properly utilized and that there are no conflicts of interest are created which includes the illegal private inurement of organizational funds to groups or individuals. In addition the board must be aware of state-level “Sunshine Laws” and other regulations regarding the way that nonprofits conduct their operations.
It is crucial that your non-profit board has a diverse range of experience and skills. In general your board of directors should be comprised of seasoned professionals from the community in which the organization operates and also some younger individuals who can bring fresh perspectives to the table.