Responsibilities of the Board of a Non Profit
The board of a new start up non profit has the following responsibilities –
1. FORMULATE ORGANIZATION’S VISION MISSION AND OBJECTIVE
A Vision statement imparts a long term direction for the non profit organization. A mission statement is a more specific draft of the vision while the Objectives statement provides very specific goals and the methods proposed to be applied to achieve those goals. The board of the non profit organization is responsible of formulating the vision, mission & objectives of the organization. In addition the board is also responsible to periodically reassess the effectiveness of the methods being applied towards achieving the desired ends. The Vision, mission and objectives must be drafted with mutual consensus of all the board members and it is vital that each of the members on the board understands its meaning and implications in totality.
2. APPOINTING THE CHIEF EXECUTIVE MEMBER
The board of the non profit organization is responsible for selecting from amongst themselves a chief executive member who will undertake and supervise the execution work.
3. PROVIDE SUPPORT RESOURCES TO THE CHIEF EXECUTIVE AND PERIODICALLY ASSESS PERFORMANCE
The board members of the non profit organization are responsible for providing necessary support in terms of resources required to realize the objectives of the organization. The board is also required to conduct periodical revaluation of the activities of the organization.
4. FORMULATE REALISTIC PLAN IN CONSULTATION WITH THE STAFF MEMBERS
The board members are the stewards of the organization and therefore they must actively participate with the staff members in the planning process. The board is responsible for drafting realistic plans for the non profit organization.
5. ARRANGE FOR MAINTENANCE OF ADEQUATE RESOURCES
The board of a non profit organization is primarily responsible for mobilizing all resources required for the organization to achieve its objectives. The board should work in close cooperation with the staff members to raise funds, hire staff and arrange for all other resources required for the purpose.
6. MANAGE RESOURCES RESPONSIBLY AND SYSTEMATICALLY
The board of a non profit organization is accountable to its donor in particular and the public in general.
Thus the board is responsible for proper utilization of resources and its proper documentation. This is one of the vital things assessed by tax authorities while granting the tax exempt status to a non profit organization.
7. ESTABLISH PROGRAMS AND REVIEW THEIR EXECUTION FROM TIME TO TIME
The board members of the non profit organization are responsible for establishing programs to be undertaken to achieve the organizations plans.They are also responsible for monitoring the programs effectiveness from time to time.
8. IMPROVE THE IMAGE OF THE ORGANIZATION WITH ITS STAKEHOLDERS.
The board of the non profit organization is responsible for maintaining and improving the image of the organization with its stakeholders. The stakeholders of a non profit organization includes the immediate community, the public and the mass media.
9. ENSURE STATUTORY COMPLIANCE & ETHICAL INTEGRITY
The board of the non profit organization is responsible for complying with all statutory compliance of the land. The board is also responsible for determining the ethical standards for the organization by drafting HR policies for the organization.
10. INDUCT NEW BOARD MEMBERS AND CONDUCT SELF APPRAISALS
The board of the non profit organization is responsible for recruiting and inducting new board members.
They are also responsible for conducting periodical self appraisals.