Nonprofit organizations and ministries frequently discuss the need for additional revenue at their board meetings. Inevitably, the discussion then turns to getting “wealthy” people on the board so that they can give to the organization. The conversation often goes something like this…. “if we had so and so on our board, then our financial worries…
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Perhaps one of the most frequently asked questions we receive is about the roles and responsibilities of board members. The next question that usually follows is why do I even have to have board members? We are going to provide a very simple and basic overview of the roles and responsibilities of board members using…
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For many organizations, an area where they struggle is in their financial oversight. While many executive directors watch the finances closely, far too many boards simply rubber stamp the financial reports when they are submitted for review. While the board does not need to know every single expenditure (and honestly, this can become quite tedious),…
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