In this video, Marie explains various "types" of Board of Directors. Some Boards are "Managing Boards", some are "Governing Boards" and some are considered "Active Boards". Most nonprofits assume that a "working" board simply means that individuals on the board are "active". This blog will clear up common misconceptions about working and governing boards!
0:58 Most people think a 'working board' means board members are helping raise money
1:11 Working Board vs Governing Board
1:20 Founding Board of Directors haven't yet hired staff. They are fulfilling daytoday operations of the nonprofit and would be considered a "working" board.
2:15 Governing Boards have hired staff and provide oversight more than daytoday operations.
2:58 An Active Board can be a "working" board or a "governing" board.
3:05 Three Fiduciary Duties: Duty of Care, Duty of Loyalty, Duty of Obedience
4:15 Inactive Board
4:30 An Active Board works to make sure the organization has the resources it needs to fulfill the mission
Whether you need consultation, coaching, grant writing, research or development programming, Funding For Good can help you Grow for Good. Those of you who are checking us out for the first time – Welcome! We look forward to working with you.
Find Funding for good online @ https://www.fundingforgood.org/
On Facebook @ / fundingforgood
On LinkedIn @ / amandapearcefundingforgood
#boardofdirectors #governingboard #workingboard