gmhTODAY Fall 2023 | Page 20

Thriving Communities :

Should You Join a Nonprofit Board ?

by Mike Sanchez

Joining a nonprofit board of directors is a rewarding and impactful way to contribute to a cause you ' re passionate about . Your contribution of time and resources spent while serving on a nonprofit board can also help your community to thrive .

The nonprofit you join may be filling a void in community services , solving a local or regional problem , or in another way , making life better for a particular group or the commuity at large . However , joining a board is a serious committment . It is essential to understand your responsibilities , what to expect , and what ' s expected of you when you become a board member . Here are the top ten things to know before joining a nonprofit board of directors .

Time Commitment Board service can be time-consuming . Be prepared to dedicate time to attend board meetings , committee meetings , and participate in fundraising and other activities . Clarify the expected time commitment before joining .
Fundraising Nonprofits rely on fundraising to sustain their operations . Board members are often expected to help with fundraising efforts , whether through personal contributions , soliciting donations , or participating in fundraising events .
Governance and Policies Learn about the organization ' s governance structure , bylaws , and policies . Familiarize yourself with the board ' s role in setting strategic direction , overseeing management , and ensuring compliance with policies and regulations . Board Diversity Diversity on a nonprofit board is crucial for a well-rounded perspective . Ensure that the board includes a mix of skills , backgrounds , and experiences to enhance decision-making and reflect the community served .
Understand the Mission The first step is to thoroughly understand the nonprofit ' s mission . Ensure that it aligns with your personal values and that you ' re genuinely passionate about the cause . Being committed to the mission is essential for effective board service .
Personal Giving Many nonprofits expect board members to make a meaningful personal financial contribution . Be clear about the minimum donation required and ensure it ' s something you can comfortably afford ..
Legal and Fiduciary Duties Nonprofit board members have legal and fiduciary responsibilities . You ' re obligated to act in the organization ' s best interest , which includes financial stewardship , compliance with laws , and protecting the nonprofit ' s assets .
20
Liability Nonprofit board members may have personal liability protection through the organization ' s insurance . However , it ' s advisable to have a clear understanding of the extent of this protection and to consider additional liability insurance .
FALL 2023 gmhTODAY Magazine : Go . Make history ... gmhtoday . com