Tree of Responsibility

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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
  • Day-to-day operations
    • Bylaws ( internal operating manual )
      • Holding meetings
      • Election of directors
    • Record Keeping
      • Articles of Incorporation
      • Bylaws
      • Meeting Minutes

Required Positions

    • President
    • Secretary
    • Treasurer

Additional Positions

    • Vice-President
    • CTO
    • PR Director
    • Director-at-Large #1
    • Director-at-Large #2

Legal

Insurance

Area Hosts

Volunteers

Further Reading