The NonProfit Times| News - February 23, 2021|
COVID-19 and the shutdown have put the role of nonprofit boards in sharp focus. It’s a good time to reexamine your understandings and expectations of your organization’s board. What is it that boards actually do for a nonprofit? A good way to think about it is to remember the “required and elective” scheme.
Boards are required to see to it that the nonprofit follows all applicable federal and state laws, including registration, taxation and other business matters. They are expected to approve a budget, hire and compensate the chief executive and see to it that the nonprofit pursues the mission for which it was created.