By Jenny Neppter | Jun 09, 2014
CEOs, presidents, directors—these are the likely titles and the likely leaders of a for-profit company. Nonprofits, however, are led differently. Their direction is determined and their organizations are governed by a volunteer board.
Thanks to our Resource Partners the Midwest Center for Nonprofit Leadership and Entrepreneurial Legal Services at UMKC, we have some tips to help your nonprofit pull together a ready, willing and diverse board of directors to guide your nonprofit organization.
How many people should serve on your nonprofit boards?
The required number of board members for a nonprofit varies state to state: three in Missouri, one in Kansas. Seven, however, seems to be the optimal number, regardless of minimums set by states.
What are the key duties of nonprofit boards?
The Internal Revenue Service believes that governing boards should be composed of persons who are informed and active. In essence, your board should be thoughtful and prudent while carrying out their three main duties: