What Every Nonprofit Board Member Should Know: 6 Essentials
Author: Teresa Santalucia.
Source: Volume 20, Number 07, November/December 2021 , pp.3-6(4)

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Abstract:
This article discusses six essentials for those serving on public charity NPO boards. It provides a road map for new directors so that they may hew closely to their organization’s charitable purpose, master the “rules of the road” in their organization’s governance documents, comply with legal duties, fulfill their managerial responsibilities without duplicating the efforts of executive staff, and meet state and federal reporting requirements. An understanding of each of these tasks is crucial for directors, recently appointed and long-serving alike—empowering new directors with information to help them hit the ground running and helping established board members foster an inclusive environment for directors from diverse backgrounds. Understanding board responsibilities helps increase and democratize board participation, improve board retention and cultivate the next generation of NPO board leaders.Keywords: Charitable Purpose; Articles of Incorporation and Bylaws; Fiduciary Duty; Oversight vs Implementation; Regulatory Compliance
Affiliations:
1: Klein Hornig LLP.