The board of directors is the primary authority for nonprofits. It champions accountability and transparency as well as sets the goals for an organization. The board consists of visionary and strategic leaders who deliberate on high-level issues and make consensus decisions. They communicate these decisions through resolutions. They also delegate responsibilities through committees, which function as departments in for-profit companies including the finance committee and planning and fundraising committees, and the public relations committee.
Nonprofit governance models do not fit all, which is why many organizations adopt a hybrid model. No matter the model the board must prioritize its mission and ensure it is not influenced by other private parties. Any conflicts of interest that could undermine the credibility or reputation of the non-profit, or put its donors at risk, should be thoroughly inspected by the board through the implementation of a policy on conflicts of interest.
Nonprofits prefer the cooperative governance model which gives each board member equal levels of responsibility and voting power. This is a very democratic approach, and it is effective when board members are able to demonstrate their commitment to the goals of the organization. However it can be a challenge when the board becomes distracted on its mission or when morale starts to fall. Patron governance is another popular model. It is more suitable for you can try these out nonprofits focused on fundraising campaigns. Patron board members are wealthy individuals who lend the charity their name and utilize their connections to raise funds.