Presentation on theme: "Duties and Responsibilities of a Board Member"— Presentation transcript:
1 Duties and Responsibilities of a Board Member By Alexis MolinaresAlexis Molinares & AssociatesFor CARa
2 First…There are a diversity of views regarding the Role and Responsibilities of a Board of DirectorsBut... These share common themes
3 Simple definition…of a board “Group of people legally and morally charged with the responsibility to govern an organization”
4 Who they Serve…For Profit Corporation: the board is responsible to the stockholdersNot for Profit: the board is responsible to the stakeholders, in particular the community the organization serves
5 The Duties in General… 1. Provide continuity for the organization Provide the legal frameworkRepresent the organization’s point of view through its products and services and advocacy for them
6 Cont… 2. Select and appoint and evaluate a Chief Executive The administration is delegated.Evaluation based on set criteria: including…Relation with the board membersLeadershipProgram planning and implementation, andManagment of the organization and its personnel
7 Cont… 3. Govern the organization by broad policies and objectives Formulated and agreed upon by the chief executiveAssign prioritiesEnsure the organization’s capacity to carry out programs
8 Cont…4. Acquire sufficient resources for the organization’s operations and to finance products and servicesA True Commitment to Fundraising!!!!!
9 Cont…5. Account to the public for the products and services of the organization and expenditures of its funds, including…Provide fiscal accountability, approve budget and formulate policies for the disposition of public and private resources
10 10 major responsibilities… modified from Carter McNamara, 2008 Determine the Organization’s Mission and PurposeSelect the ExecutiveSupport the Executive and Review His PerformanceEnsure Effective Organizational Planning and Assist in Implementing the Plan’s GoalsEnsure Adequate ResourcesManage Resources EffectivelyDetermine and Monitor the Organization Programs and ServicesEnhance the Organization’s Public ImageServe as a Court of AppealAssess It’s own Performance
11 Board ParadoxThe board-staff relationship is a paradoxical one. When acting in their governing role, the board must stand above staff and be the "boss." But when acting in their supporting role, board members act to support and assist staff-led work.
12 Some boards become so excited about their roles as governors that they mistake governance for close supervision of management and begin meddling in minor management affairs. In other cases, as boards govern more, they shirk their supporting role. The challenge is to fulfill both roles, not simply switch from one to the other.
13 Finally,“While appointment or election to a board is an honor, board members have important legal and fiduciary responsibilities that require a commitment of time, skill, and resources”
14 80:10:10 Rule 80 % of Time Devoted to Fundraising 10% of Time Devoted to Oversight of Programs10% of Time Devoted to Strategic Planning
15 We expect… Attend Board meetings regularly Be familiar with the organization's goals, objectives and programsRead preparation materials prior to each Board meeting to assure active, informed participationExercise general supervision over the organization affairsKnow the budget, budget process and financial situation of the organizationInquire if there is something you do not understand or if something comes to your attention that causes you to question a policy or practiceInsist on meaningful Board meetings with full disclosure of operating resultsRequire the organization to engage competent legal counselRequire all committees to make reports at the Board meetings,when appropriateKnow the directors and officers of the organizationIdentify and avoid conflicts of interestMonitor the community and professional image of the organization