Board Roles and Responsibilities


For the longest time I wanted to be on a Board of Directors.  I wanted to give back to my community in another form instead of just writing grants.  So, as luck would have it, I am now on two different Boards!!!  I was so excited that I was asked, and even more excited to serve!  After the excitement wore off, the reality sunk in.  I have taught others the roles and responsibilities of being on a Board, but now is the time for me to live out what I taught.

This past week I attended at Grant Professionals Association and sat through a presentation about this exact topic.  The presenter re-iterated all the points that I already knew.  Here are a few highlights:

Duty of Care-e.g., using your best judgment, actively participating, paying attention, asking pertinent questions.

Duty of Loyalty- e.g., avoiding conflicts of interest, putting aside personal and professional interests.

Duty of Obedience-e.g., staying true to the organization’s mission, obeying the law (both public and organizational)

Ultimately the board members are the ambassadors of the organization.  Board members serve as volunteers for the organization. The board has fiduciary responsibility they have the oversight of financials.  Boards review and approve the financial reports.

Here is the deal…being on a Board is a huge responsibility.  If you choose to do so, please don’t take it lightly.  But, most importantly have fun!

http://www.irs.gov/pub/irs-tege/governance_practices.pdf

Comments & Responses

One Response so far.

  1. Barbara Kettler says:

    Allison – Your consistent professionalism, commitment , and expertise will be a dynamic asset to the boards on which you serve!

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