Boards Responsibilities

Question 0

Select the chief executive

Answer 0

add

Question 1

What are the 10 basic responsibilities of nonprofit boards?

Answer 1

1. Determine mission and purpose
2. Select the chief executive
3. Support and evaluate the chief executive
4. Ensure effective planning
5. Monitor and strengthen programs and services
6. Ensure adequate financial resources
7. Protect assets and provide proper financial oversight
8. Build a competent board
9. Ensure legal and ethical integrity
10. Enhance the organization’s public standing

Question 2

Determine the Mission and Purpose

Answer 2

1. This usually takes the form of a relatively brief written mission statement, sometimes supplemented with a more detailed statement of the organization’s goals or values–what it supports or believes.
2. The board and management should periodically review the mission statement.
3. The board is ultimately responsible for the mission statement.
4. The mission should not be modified without consulting/engaging the stakeholders.

Question 3

Support and evaluate the chief executive

Answer 3

add

Question 4

Ensure effective planning

Answer 4

add

Question 5

Monitor and strengthen programs and services

Answer 5

add

Question 6

Ensure adequate financial resources

Answer 6

add

Question 7

Protect assets and provide financial oversight

Answer 7

add

Question 8

Build a competent board

Answer 8

add

Question 9

Ensure legal and ethical integrity

Answer 9

add

Question 10

Enhance the organization’s public standing

Answer 10

add