Friday, October 26, 2007
Nonprofit boards might need a little refresher course | TheNewsTribune.com | Tacoma, WA
Nonprofit boards might need a little refresher course | TheNewsTribune.com | Tacoma, WA: "Nonprofit boards might need a little refresher course LIZ HEATH Published: October 24th, 2007 01:00 AM An often heard lament from those who work with nonprofit boards is that too many boards fail to do their jobs. Sadly, I often agree with them, but I also believe it is simply a matter of education, not a cry for a new governance model."
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Liz Heath notes nonprofit boards are charged with the planning and financial leadership of the organization. Rather than creating new governance, she advocates educating the boards about their purpose.
With that in mind, boards would be wise to revisit the mission and even recast their vision. Often the board’s total focus is on the here and now. While fundraising to meet current budgets is necessary, long-term success for the nonprofit will depend on executing the board’s vision.
How the board imagines, designs, develops, and implements the steps necessary to a preferred future will determine their ability to establish long term fund development and assure ongoing financial stability.
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