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Nonprofit Exam 2

Governance and Leadership

QuestionAnswer
Look at Orch Chart Notes
What are 3 reasons on what to consider when paying someone/take into consideration? 3
1. Internal Parity
2. External Market Value
3. Value of that person to the organization
Another word for Directors Trustees
Representative of the public Board of Directors (not paid typically)
Roles of Board of Directors 3
1. Provides oversight
2. Ensures financial and other resources
3. Strategic Planning
VISTA Volunteers in Service to AMerica
Executive Committee Only committee that can speak on behalf/have authority towards the board
What does the executive committee must have? Term limits
Our House term limits 3 years
TIP for Board and Committees Get the right people on the bus
Expectation of creating a board Make a list and interview each one; set up dates
Board's Roles and Responsibilities 502-503
Who owns the Nonprofits? The public because they don't owe taxes
Board Job Description Tells them what they are suppose to do
Board Member Agreement What they are required to do/ outlines the duties
Working Board The Board does what ever the staff does while they are looking for a full time member
When dealing with HR you must consider people's Feelings
What makes a Nonprofit possible? Volunteers
What must be created for a nonprofit? Nonprofit Management Handbook
Board members contribution Provide strategic direction / important intro / funding needed to complete mission
Volunteers contribution Skills and experience
What volunteers do organization's should consider? Baby Boomers; seniors; have skills in which they developed throughout their years that may be a necessity
Ex. Carpenter Rebuild Office
Ex. 30 year Account Balance the books
Volunteer Job Description consists of what Know what your looking for and ask for it
Volunteers want to be proactive instead of... Reactive
What tool should you use at board meetings Consent Agenda; tells the board what should and shouldn't be discussed
Why recognize volunteers? To help them engage and show that they are important
Everyone has value to help an effort Value = pyrmaid
Get people to become part of the solution -
Assumption/Theory about older people Older people who volunteer live longer
Board of Directors operates Public trust
Who does the Board supervise and interact with? ED
Board effectiveness = Long ED relationship
Good governance = Effective organization
ED Watches board governance
Board members duties 3
1. Duty of Loyalty (faithful, avoid conflicts)
2. Duty of Obedience (true to the organization's mission and apply laws)
3. Duty of Care (best judgement, attend meetings)
Board officers 3
Chair Provides leadership
Treasurer Corridnates finances
Secretary Keeps records; takes minutes
Committees Job Makes recommedations to board
Committees 5
1. Audit
2. Development/Fundraising
3. Finances
4. Board Development: Recruits
5. Executive Committee: act only in behalf of the board
Board Committee Guidelines 3
1. Invite non-board members
2. All board members serve on one committee
3. Write the role of the committee on paper
What must each committee have? Chair
Founder deals with... Recruiting board members; finding the right one to do the specific tasks
Board Matrix Helps the organization become inclusive
Board Matrix identifies Leadership qualities, Professional expertises, and Community connections
Board member's goal Advance the organization
Important element of the organization; promotes creativity Diversity
ED plays a role in recruitment Provide stories, shares mission, and their impact
What key points must a potential candidate express? 3
1. Passionate
2. Clear about their potential role and time committment
3. Fulfill expectations
Orientation is crucial Gets the member up to date
Never renew Term limits
Executive Director's Role to Board 3
1. Establish a strong relationship
2. Inform board
3. Establish clear expectations
Board members do a self refection assessment -
Board members fundraising responsibilities 4
1. Make financial contribution "capcity"
2. Solicit colleagues for contributions
3. Oversee fundraising activities
4. Ability to give and get money when recruiting
Raising money through grants Introductions, Connections, and Presence
Corporate grants Get someone from the inside to give a pitch
Ways to get individual donations 5
1. Direct Mail (assemble address list)
2. Phone solicitations
3. Events (BM sells sponsorships
4. Online (electronic addresses)
5. major Donor Campaigns (BM are important)
Fundraising is not begging... It's alerting prosepective donors
Fundraising ensures Survival and success of organization
Created by: animalsavior
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