Not For Profit Directors
The responsibilities of not-for-profit board directors vary depending on the organization and its specific circumstances. However, in general, the responsibilities of a not-for-profit board director include:
Governance: Ensuring that the organization is run in accordance with its mission and bylaws, and that it is accountable to its members and stakeholders.
Fiscal oversight: Ensuring that the organization's financial resources are managed responsibly and that it has adequate resources to carry out its mission.
Strategy: Helping to set the organization's overall direction and goals, and ensuring that it has a plan to achieve them.
Risk management: Identifying and managing risks that could affect the organization's ability to achieve its mission.
Representation: Representing the organization to its members, stakeholders, and the public.
Compliance: Ensuring that the organization complies with all relevant laws and regulations.
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Fund-Raising Directors
The responsibilities of fund-raising board directors typically include:
Fundraising: Identifying potential donors and developing strategies to solicit contributions.
Stewardship: Ensuring that donations are used in accordance with the donors' wishes and the organization's mission.
Investment: Managing the organization's assets and investing them in a way that will support the foundation's mission and ensure long-term financial stability.
Disbursement: Identifying and evaluating programs that align with the organization's mission, and disbursing funds them.
Compliance: Ensuring that the organization complies with all relevant laws and regulations.
Board governance: Participating in board meetings, helping to set the organization's overall direction and goals, and ensuring that it is run in accordance with its mission and bylaws.
Representation: Representing the organization to its donors, stakeholders, and the public.