What is a Board of Directors and What to Consider When Creating One

What is a Board of Directors?

A board of directors is a group of individuals who are elected to govern and oversee the organization’s operations. The board is responsible for setting the organization’s mission, strategy, and goals, and ensuring that the organization operates in compliance with legal and ethical standards. The board of directors is also responsible for ensuring the organization’s financial stability and sustainability.

Considerations for Creating a Board of Directors

Skills and Expertise
Look for individuals who bring a diversity of skills and expertise that can contribute to the organization’s success. This might include expertise in finance, marketing, fundraising, legal, governance, or program management.

Board members should be committed to the organization’s mission and willing to devote time, energy, and resources to support its success.

It’s important to create a board that reflects the diversity of the community the organization serves. This includes diversity in terms of race, ethnicity, gender, age, and background.

Consider individuals who have connections to potential funders, partners, or other stakeholders that could help the organization achieve its goals.

Board members should be able to provide leadership and strategic guidance to the organization. Look for individuals who have experience in leading teams or organizations.

Ensure that potential board members have the time and availability to participate in meetings and other board activities.

Look for individuals with high ethical standards and a commitment to the organization’s values and principles.

Board Culture
Consider the organization’s current board culture and look for individuals who will fit in well and help maintain a positive and productive board culture.

    Related Resources

    Determining Pay Rates for Your Team

    Determining Pay Rates for Your Team

    Considerations for Determining Pay RatesDetermining How Much to Pay Your Team Pentacle recommends using the W.A.G.E. calculator to get a sense for how much established institutions are paying for artistic services. Employers can also input their annual budget to see a...

    read more
    Top CRMs for Non-Profit Entities

    Top CRMs for Non-Profit Entities

    Top CRMs for Non-Profit EntitiesSalesforce Salesforce is a widely used CRM system that offers robust features and customization options. Nonprofits can use Salesforce's Nonprofit Success Pack (NPSP), which includes features tailored to the needs of nonprofit...

    read more
    Share This