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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..."
== 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 ==
* https://www.councilofnonprofits.org/tools-resources/board-roles-and-responsibilities
[[Category:Board Procedures]]
* 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 ==
* https://www.councilofnonprofits.org/tools-resources/board-roles-and-responsibilities
[[Category:Board Procedures]]