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Nonprofit Exam 2
Governance and Leadership
| Question | Answer |
|---|---|
| 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 |