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What are three questions you should be able to answer to the board of directors?

Make sure your executive team is prepared to answer questions like: What is the long-term vision for the organization? What is the organizations plan for growth? What are the largest roadblocks the company is facing?

Who are members of the board?

A board member is an individual on a companys board of directors which serves as an organizations governing body. Often elected by a companys shareholders, the board as a whole creates company policies and oversees the organizations managerial positions.

What every board member should know?

As a board member you need to have a general knowledge and reasonable access to the organizations records including but not limited to the articles of incorporation, the original by-laws and any amended copies, 501c3 determination letter, tax records, bank records, audits, meeting minutes, etc.

What does it mean when someone is a board member?

Definition: A Board member is an elected participant on the board of directors of a corporation or the supervisory committee of an organization. The board of directors of a company is defined as the governing body that is tasked with decisions pertaining to the companys heading.

What are the responsibilities of a nonprofit board of directors?

Just as for any corporation, the board of directors of a nonprofit has three primary legal duties known as the duty of care, duty of loyalty, and duty of obedience.

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