Board members are the fiduciaries who steer the nonprofit organization (NPO) towards a sustainable future by adopting sound, ethical, and legal governance and financial management policies, as well as making sure the nonprofit has adequate resources to advance its mission. They are responsible for ensuring the ability for the NPO to survive (viability) and sustain itself over the long term (sustainability). The Board of Directors is directly responsible for perpetuating the organization’s ability to fulfill its mission.
Viable and sustainable nonprofit organizations are distinguished by competent Board members who focus on ethical practice. Needless to say, the way Board members operate can “make or break” a nonprofit organization. There are four (4) areas of oversight that Boards constantly juggle to ensure that a NPO is operating effectively.
- Legal compliance and public disclosure,
- Effective Board governance,
- Strong financial oversight, and
- Responsible fundraising.
STC Consulting provides Board of Director manuals and training to every start-up NPO client. During our training, we discuss best practices that impact each of these 4 areas. Our goal is to ensure a firm foundation on which the NPO can fulfill its long-term vision and mission.