Nonprofit Boards Play a Critical Role in Nonprofit Governance

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The role of nonprofit boards is crucial in the governance of non-profit organizations. They are responsible for strategic planning and oversight as well as accountability and financial stewardship. The Board is accountable for ensuring that the organization is transparent with donors and members of the community. This is not an easy task. There are numerous challenges the Board faces that require an extensive commitment of time and resources from all members of the board. It is crucial to have the most qualified people on your Board.

A great board is comprised of individuals with diverse backgrounds, skills and perspectives that are aligned with the goals of the organization. This gives the Board an array of knowledge and experience which will assist it in making informed decisions and direct the organization. The Board must periodically assess its own performance and effectiveness as well as provide regular training.

The Board must also be meticulous and be able to see the bigger picture. This means assessing how closely the financial activity can be compared to the actual budget and also assessing how much programs and services cost, and whether or not these costs are justified, and creating appropriate internal controls to guard against theft, loss or confusion.

The Board should be prepared as advocates and ambassadors of the organization. They should help the Executive Director develop and manage the public brand for the organization. They should be available to the community and media and willing to speak on behalf of the organization whenever required.