The Purpose of a Board
Not-for-profit (non-profit) organisations have governance Board’s for a number of reasons, including:
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Ensure Healthy Governance
Be An Ambassador
Lead Strategically
Support and Supervise the CEO
Ensure Financial Stability
Board members might include the Chairperson, Vice Chair, Secretary, Treasurer, Public officer and general members. Each role has its own specific roles such as chairing a meeting, reporting on finances or keeping minutes of board meetings. In this course we will explore the general responsibilities of all Board members and some of the methods of making sure you fulfil them.
Click on the Be an Ambassador link below to continue.
Extend Your Learning
The purpose of a Board will depend on the purpose of your organisation and its structure. AICD has developed a document outlining Governance Principles for not-for-profits. The ACNC has developed a similar guide for charities.
The Institute of Community Directors Australia has a Governance Policy Template which you can adapt to suit your organisation’s needs. There are a number of other templates for policies in their policymaking library.
Read this article from Better Boards that outlines The Fundamentals of Good Governance post the Hayne Royal Commission.
