Difference between revisions of "Tree of Responsibility"
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(Created page with "== Delegation of responsibility == * A responsibility may be delegated to another party * Delegation creates the responsibility of: oversight of delegated party == Fiduciary...") |
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*** Holding meetings | *** Holding meetings | ||
*** Election of directors | *** Election of directors | ||
− | ** Record Keeping | + | ** [[Records|Record Keeping]] |
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== Required Positions == | == Required Positions == | ||
− | + | * President | |
− | + | * Secretary | |
− | + | * Treasurer | |
== Additional Positions == | == Additional Positions == | ||
− | + | * Vice-President | |
− | + | * CTO | |
− | + | * PR Director | |
− | + | * Director-at-Large #1 | |
− | + | * Director-at-Large #2 | |
== Legal == | == Legal == | ||
== Insurance == | == Insurance == | ||
+ | |||
+ | == Accounting == | ||
== Area Hosts == | == Area Hosts == |
Latest revision as of 19:00, 8 August 2018
Delegation of responsibility
- A responsibility may be delegated to another party
- Delegation creates the responsibility of: oversight of delegated party
Fiduciary Responsibility
- Federal Mandates
- Illinois Mandates
Mission Statement
Board of Directors
- Advancement of mission
- Creation of policy
- Ethical
- Duty of Care: Take care of the nonprofit by ensuring prudent use of all assets, including facility, people, and good will;
- Duty of Loyalty: Ensure that the nonprofit's activities and transactions are, first and foremost, advancing its mission; Recognize and disclose conflicts of interest; Make decisions that are in the best interest of the nonprofit corporation; not in the best interest of the individual board member (or any other individual or for-profit entity).
- Duty of Obedience: Ensure that the nonprofit obeys applicable laws and regulations; follows its own bylaws; and that the nonprofit adheres to its stated corporate purposes/mission.
- Legal
- Fundraising activities require registration with Illinois Attorney General
- Financial
- Set accounting period
- Corporate bank account
- Ethical
- Day-to-day operations
- Bylaws ( internal operating manual )
- Holding meetings
- Election of directors
- Record Keeping
- Bylaws ( internal operating manual )
Required Positions
- President
- Secretary
- Treasurer
Additional Positions
- Vice-President
- CTO
- PR Director
- Director-at-Large #1
- Director-at-Large #2