What Makes a GREAT - sobelcollc.com

1 what Makes aGREATB oard Member? January 11, 2017 About the Center for Non-Profits Promoting New Jersey s non-profit community Public policy Research (non-profit statistics, trends)Advocacy/Public Education Legal/management assistance Workshops/seminars/Webinars PublicationsCapacity Building E-newsletters, resource lists, info/referral Cost saving benefits Member ServicesFor 30+ years, the champion& first-stop resource for and about New Jersey s non-profit communityNon-ProfitsMATTER! Food pantries Afterschool programs Museums Hospitals Environmental protection Disaster relief Education Mental health Public radio Faith-based organizations Philanthropy Drug/alcohol prevention Housing Senior care Human service Social justiceTouching every aspect of our lives 30,000 501(c)(3) orgs in NJ 314,000 employees of the state s private work force More than construction, transportation, public utilities, finance and insurance industries $38 billion in expenditures annually million volunteers providing $ billion in serviceNon-ProfitsMATTER!

2 Sources: IRS Business Master File of Exempt Organizations; Urban Institute National Center for Charitable Statistics; Bureau of Labor Statistics; Corporation for National and Community Service; Independent SectorBOARDSMATTER!Top 5 issues affecting individual organizationviability (aside from funding) Financial uncertainty (51%) Need for better branding/communications (48%) Increased benefits/insurance costs (42%) Need for stronger board (40%) Cannot afford enough good staff (38%)NJ Non-Profits Top Issues(2016)Top 5 issues affecting non-profit sectorviability in the coming decade Non-profit infrastructure/capacity building (56%) Foundation/corporate funding (50%) Attracting/retaining capable, committed board members (48%) Attracting/retaining qualified workers (37%) State fiscal policy/state budget (33%)NJ Non-Profits Top Issues(2016)

3 Board Roles and ResponsibilitiesSet Organizational Direction Determine organization s mission Set the vision for the future Establish organizational values Set major goals and develop strategies Approve operational plansProvide Oversight Oversee financial management Minimize exposure to risk Measure progress on strategic/other plans, monitor & evaluate programs/services Provide legal and ethical oversight Support and evaluate the chief executive Evaluate itselfEnsure Necessary Resources Ensure adequate financial resources, including fundraising Hire capable executive leadership Promote positive public image, including advocacy; Ensure the presence of a capable and responsible boardBoard Roles and ResponsibilitiesBoard Roles and ResponsibilitiesINDIVIDUAL Board Member Responsibilities Act in Accordance With Recognized Legal StandardsDuty of Care Stay informed and ask questionsDuty of Loyalty Act in good faith and represent the best interests of the organizationDuty of Obedience Stay faithful to the organization s mission Ensure compliance with applicable lawsA GREAT board PASSIONATE about theMISSIONA GREAT board theSUCCESSof the organizationA GREAT board the organization s financial well-being FundraisingFriendraisingPersonal GivingEmployer

4 Matching GiftsIntroductionsA GREAT board the highest ethical standardsIs INFORMEDand ASKS QUESTIONS It takes years to build up trust and only seconds to destroy it. Leading with Ethics: A Happy EndingA GREAT board Tbe THIS PERSON!Is an ambassadorKeeps the organization in mind when out of the GREAT board GREAT board UPFOLLOWS THROUGHStay in touch!Join our E-MAIL LIST! M. CzipoPresident & CEOC enter for Non-Profits3575 QuakerbridgeRoad, Suite 102 Mercerville, NJ 08619Ph: 732/227-0800 Fax: 732/227-0087 Web: (direct)THANK YOU!