All board meetings need to have some kind of formal order provided through a board agenda. Often, these agendas become a basic template used year in and year out without much thought or notice. To have a truly effective handle on your organization and board meetings as a whole, more thought and care should be…
Tag: duty of loyalty
Scavenger Hunt: Conflict of Interest
Welcome back to the document scavenger hunt! Today we are focusing on a Conflict of Interest (COI) policy. It’s a biggie. Do you have one? Great! Do you fill out a new one annually? Awesome. If you don’t have a policy, or don’t fill one out annually, you should. Following is more information on what…
Scavenger Hunt: Introduction
Introduction All Boards of Directors have three duties: the duty of care, the duty of loyalty and the duty of obedience. We’ve reviewed these duties in a previous section. Included in some of those duties are policies and documents required by law for every nonprofit organization, for example, a Conflict of Interest policy. But beyond those…
The 3 Duties of Board Members
Introduction All of us become involved with nonprofit organizations for one reason: we believe in the work the organization does. Something about the programming and mission of your organization keeps you involved and called you to be a board member, it’s as simple as that. Our organizations have a duty to the community in which…
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