This is the second installment of a three-part series.
Second, To Who Whom is the Board Accountable?
As a non-profit, your organization is held to standards set by the Internal Revenue Service to retain a non-profit status. In addition, there are state and local agencies (attorney general registrations, city ordinances and permits etc.) All non-profits with revenue of $25,000 and above must file an annual disclosure form 990.
As importantly, you are accountable to:
- Donors, members, grantors, and agencies that provide support
- The people who benefit from your work
- Your employees
- Partners in collaboration
Third, The three most important things a successful board member must do:
- Attend board meetings and serve on committees so they become an asset to the organization because of their knowledge.
- Personally support your organization at a level that is recognized as a leadership level based on their capability.
- Bring other supporters to the organization and serve as an important ambassador for the organization’s work.
Combined, do they:
- Keep informed about important matters related to the board, attend meetings and participate in committees?
- Make financial contributions that are impactful and important to the organization?
- Constitute the right size and skills to be the oversight and leadership team of advisors that you need, e.g. legal, financial management, fundraising, program knowledge, marketing, public relations, etc.?
- Reflect a diverse age, gender, ethnicity and the people served by your programs?
Recognizing that building a board is an evolving task, keep in mind that without the attention to these important tips, your organization and your board will not be able to deliver the strength needed from them in support of your efforts.
Next week: look for a simple checklist posting soon to help you put together a picture of your board.
To hear more from Nancy, visit the Brimhall & Associates website.
Photos: iStock by Getty Images.