Non-profit organizations rely on a highly functioning Board of Directors to fulfill their mission. They are looking for people who are committed to their mission, have connections with those they serve and have had experience in overseeing business affairs at one time.

Professionals from all kinds of businesses and organizations serve on nonprofit boards. It’s a great chance to network, learn new skills and contribute to the community.

According to a Korngold survey 78% of how to improve board governance board members reported that serving on a non-profit board led them to more respect for the viewpoints and opinions that were not their own. This is important in a nonprofit board environment where decisions are made with limited resources, and the board has to make sound financial decisions.

Nonprofit board members have several legal obligations and responsibilities that include the Duty of Care and the duty of loyalty. This means that board members need to avoid conflicts of interest and do not make use of their position by using the funds of the organization to benefit themselves. For example, if the board is considering an increase in the salary for the executive director and you own the director’s business it is your responsibility to abstain from voting on the matter because of a conflict of interests.

Many nonprofits also have permanent (sometimes called „standing“) committees that address ongoing issues or other issues that arise. These committees are comprised of board members who have to disclose possible conflicts of interest to the other board members.