Building a Board of Directors

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What is Board Building?

SVA’s Board Building Training Series addresses the fundamental elements of service common to most boards of directors. The board building process includes gaining an understanding of board member responsibilities, learning how to structure your board, and achieving insights on how to accomplish governance work that aligns with the mission of the organization.

What Are the Responsibilities of Board Members?

One of the fundamental challenges that many board members face is a lack of understanding of their roles and responsibilities. Much of the board recruitment time is spent focusing on the vision and mission of the organization and the discussion on specific board and fiduciary responsibilities comes later in the process. (Biz Tip: You’re a Board Member! Now What?)

All board members should have an accurate understanding of their roles. These are the eight primary board responsibilities.

  • Understanding the Mission and Purpose
  • Supporting Leadership
  • Creating and Developing Strategic Goals
  • Assist in Obtaining Financial Resources and Development of Annual Budget
  • Board Recruitment and Performance Review
  • Reviewing, Refining, and Developing Programs and Services
  • Adhering to Legal and Ethical Standards
  • Safeguarding Assets

Why is it Important to Recruit New Board Members?

An effective board of directors has a range of diversity in talents, ages, backgrounds, and experiences. This broad demographic will assist you in meeting your goals and uphold your mission and vision. Board recruiting should not focus on a certain demographic, but it should also consider the range of abilities each member brings to the organization. A diverse board creates a powerful dynamic with an array of perspectives.

As you recruit new members, assess their skills in these areas:

  • Communication and Leadership
  • Financial Management/Budgeting
  • Legal Experience
  • Marketing and Program Development
  • Strategic Planning

Creating term limits for board members will help continuously bring in new members with varying expertise levels to keep your board from becoming stale and status-quo. As board members reach their term limits, factor in the diversity gaps that will occur and recruit new board members that will maintain your overall diversity goals.

How Can Your Organization Benefit from Board Governance Training?

Your board of directors is a leadership team that needs the most effective tools to help your organization succeed. Training will ensure your board agrees with the roles and responsibilities related to governance and understands the practical application to provide your organization with the best chance of success. A formal training program sets the expectations of all board members. Training should include the role of the board in leading the organization, their basic responsibilities, their fundraising obligations, and legal considerations.

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Services Offered: How SVA Can Help

Business professionals need easy access to information to make timely decisions. SVA has what you need, when you need it. Choose a topic below or just contact us directly. Our expertise is ready anytime you need it.

SVA offers a Six-Part Training Program that can be customized based on your organization's needs.

This Six-Part Training Program covers:

  • Basic Responsibilities
  • Legal Considerations
  • Overall Financial Considerations
  • Fundraising Responsibilities
  • The Board’s Role in Mission, Planning, and Evaluation
  • Building and Leading the Board

These customizable training modules include training for the leadership team as well as the board members, real-life examples, sample forms and policies, and key takeaways from each session.

Creating and implementing a clear, strategic, and well-defined roadmap can guide your nonprofit organization to success while fueling its goals and mission. Access to an experienced, professional, and knowledgeable partner to get you there is essential. Visit our nonprofit industry page to learn more about how we can assist your organization.

Resources

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What Are the Roles and Responsibilities of Your Board Members?

If your organizational structure includes a board of directors, you may be wondering “What are the roles and responsibilities of our board members?” Your questions are answered in this eGuide!

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Awards and Affiliations

Forbes Names SVA as 2021 America's Best Accounting Firms
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Madison, WI 53717
(608) 831-8181

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Brookfield, WI 53045
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PO BOX 62786
Colorado Springs, CO 80962
(719) 413-5551

Contact

(888) 574-4782
info@SVAaccountants.com
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