Being in charge of a nonprofit organization is often a volunteer position for those with a strong passion for the cause. The job isn’t always straightforward, but it can be rewarding. Board management is one of the most challenging aspects of the job. Board members are frequently distracted by the larger view of their job and are prone to forget the specifics needed to run the nonprofit smoothly. This can be manifested in large ways, such as decisions regarding the hiring of an Executive Director, or in more intimate ones, like considering the cost for a special service.
There are a myriad of resources that can help board members effectively manage their responsibility. According to the Leading with Intent guide from 2015 the most important board responsibilities are fundraising, financial oversight advocacy, community-building, and financial oversight. It is crucial that every board member can effectively fulfill these duties.
Boards can be structured with different committees in order to streamline their work and enhance overall performance. A committee for fundraising, for instance, could be responsible for arranging events as well as managing the donor data base. A different committee could be responsible for attracting new members in a manner that is orients new members and conducting performance evaluations for the board as a whole. A third committee could concentrate on the board’s internal processes and processes, such as the development of policies, while the fourth could focus on governance.
No matter the structure of the board, it needs to be well-staffed and equipped with tools to streamline the board’s responsibilities and promote open communication and transparency. Board software, like can simplify the process of meeting, and aid in staying on top of your responsibilities.
boardroomusa.org/how-to-create-a-budget-for-a-nonprofit-organizations/