Why Numbers Matter to a Nonprofit Board

For Nonprofit Boards, Numbers Are a Necessity   As a Board member for a nonprofit organization, you’re expected to attend Board meetings, monitor fundraising and management, digest reports, and help the organization determine its strategic direction. You’re also expected—and, indeed, compelled by law—to oversee the organization’s finances as part of the fiduciary responsibility of a Board….

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Fiduciary Responsibilities of a Nonprofit Board

The duties of board members are many. From steering the organization’s mission and purpose, to appointing new directors and overseeing fundraising, it is critical to the success of an NPO that board members understand their responsibilities. One of the most important functions of a board is to oversee the organization’s financials. Lack of proper financial…

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