What are the responsibilities of a nonprofit board member?
An example of an AI chatbot conversation about nonprofit board member responsibilities.
What are the responsibilities of a nonprofit board member?
Nonprofit board members are responsible for governance, financial oversight, and strategic planning.
Can you elaborate on the financial oversight responsibilities?
Certainly! Board members must ensure the organization is financially stable, approve budgets, and review financial reports.
What role do board members play in fundraising?
Board members are often expected to participate in fundraising efforts, including making personal contributions and helping to secure donations.
Are there any legal responsibilities I should be aware of?
Yes, board members have fiduciary duties, including the duty of care, loyalty, and obedience to the organization’s mission.
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