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More About Boards-of-DirectorsDream Board or Scary Board?Tips About Where to Find Board MembersIs Your Board Bored? Eight Ways to Keep Them Awake More About Boards on the WebFree Complete Toolkit for BoardsEstablishing a Nonprofit Organization More About Starting a NonprofitEssentials About Your Board of DirectorsLegal Responsibilities of the Board of Directors: Many states have laws governing the responsibilities of the board of directors. They often use the following principles of nonprofit corporation law. Duty of Care: A board member has the duty to exercise reasonable care when he or she makes a decision for the organization. Reasonable care is what an "ordinarily prudent" person in a similar situation would do. Duty of Loyalty: A board member must never use information gained through his/her position for personal gain; and must always act in the best interests of the organization. Duty of Obedience: A board member must be faithful to the organization's mission. He or she cannot act in a way that is inconsistent with the organization's goals. The board member is trusted by the public to manage donated funds to fulfill the organization's mission. Directors also:
Picking Your Board of Directors:
Your board should have skills in those areas of organizational management that you will need such as finance, public relations, legal, and human resources; and in programmatic areas as well such as social services, education, religion, etc. Consider the fundraising potential of a board member. They are expected to set an example by donating to the organization themselves; and to open the doors to other contributions. Board members should be comfortable with fundraising. More About Boards-of-DirectorsDream Board or Scary Board?Tips About Where to Find Board MembersIs Your Board Bored? Eight Ways to Keep Them Awake More About Boards on the WebFree Complete Toolkit for BoardsEstablishing a Nonprofit Organization More About Starting a NonprofitRelated ArticlesGet Your Board to Fundraise - Learn About Board Fundrai...Advisory Boards - Management Power For Small BusinessesRappahannock Area Community Services Board of Bowling G...Rappahannock Area Community Services Board of Stafford ...Rappahannock Area Community Services Board of King Geor... |
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