McCombs

Career Webinar

Thursday, April 23

Becoming A Better Nonprofit

Board Member

Presented by

Michael Bacon

Certified Fund Raising Executive (CFRE)(http://baconlee.com/)

Topics We Will Cover

Why serve? Benefits to being on a board

10 Questions To Ask Before Joining

What Does The Board Do?

Role of a Board Member

Legal

Fiduciary

Signs of a Functioning Board

About Me

Baco

AFP L

CFRE

Trini

McCommbacon@baconlee.com

www.baconlee.com

(210) 733-0893

Benefits To Being On A Board

Support a cause you believe in

Learn more about how

your community works

Receive Board experience

Gain intellectual and creative

involvement and stimulation

Learn administration, structure and

communications

Receive training (e.g. Board development

workshops, strategic planning, fund raising)

Network and make

connections/friendships

Develop your reputation

in the community

Apply skills that are your

strengths

Involvement in

strategic planning

10 Questions To Ask Before Joining1) Does the nonprofit carry Directors and Officers

liability insurance?

2) Can you have a copy of the most recent

financials for your review?

3) Is the charity launching a major gift/capital

campaign in the next 6 months?

4) Will the nonprofit have significant change in key

staff positions?

5) What charitable gifts will you be expected to

make?

10 Questions To Ask Before Joining6) What role will you play in asking for money?

7) Is there any pending legal action that may affect

the organization?

8) What has board attendance been at meetings

over the past 6 months?

9) Are there functioning Board committees? Do

they meet outside of Board meetings?

10) How long is your term on the Board?

The Board’s Role

Governance FundraisingMission

Accomplished

Legal Roles of Boards

Standard of Care – “Prudent Man” concept,

board member always acts in good faith and in

the best interests of nonprofit

Duty of Obedience – Board members can

only act within their own authority and must

follow Board’s instructions

Duty of Loyalty – place the organization’s

interests above all others

No conflict of interest

No personal gain

Cannot benefit financially

Fiduciary Roles of Board

Secure adequate resources for the organization

to fulfill its mission (Stewardship & Fundraising)

Fiduciary Roles of Board

Protect assets and provide financial

oversight (Budget & Monitoring)

Fiduciary Roles of Board

Ensure legal and ethical integrity.

Signs of a Functioning Board

Board members attend orientation session

Each member has a copy of by-laws & has read

Them

Board members show up for meetings

Board members volunteer for committees & do

work at the committee level

Board committees meet regularly

Signs Of A Functioning Board

100% of Board makes a charitable gift

Board members recruit & nominate new

members

Board evaluates its own work

Board evaluates Executive Director regularly

Members receive financial statements regularly

& receive training on how to read statements

Thank You! The recording of today’s presentation, along

with the PowerPoint slides, will be available

on our Career Resources web page by early

next week:

http://www.mccombs.utexas.edu/Alumni/Career.aspx