Board Member
About the Company
501c3 organization that decreases poverty by providing individuals with knowledge and access to financial services
Industry
Non-Profit Organization Management
Type
Non Profit
Founded
2019
Employees
2-10
About the Role
Responsibilities of the Founding Board The mission s to decrease poverty by removing barriers to access to personal finance services, for the unbankable or underbanked communities. As the highest leadership body of the organization and to satisfy its fiduciary duties, the board is responsible for: • Determining the mission of the organization and understanding its collective purpose. • Selecting, supporting, and evaluating the performance of the chief executive. • Strategic and organizational planning. • Ensuring strong fiduciary oversight and financial management. • Fundraising and resource development. • Approving and monitoring the organization’s programs and services. • Enhancing the organization’s public image. • Assessing its performance as the governing body of the organization. • Ensuring legal and ethical integrity. Responsibilities of Individual Board Members Each board member is expected to: • Know the organization’s mission, policies, programs, and needs as well as understand its collective purpose. • Faithfully read and understand the organization’s financial statements and board materials in advance of meetings. • Serve as active advocates and ambassadors for the organization. • Fully engage in identifying and securing the financial resources and partnerships necessary for the organization to advance its mission. • Leverage connections, networks, and resources to develop collective action to achieve the organization’s mission. • Give a meaningful personal financial donation. • Help identify personal connections that can benefit the organization’s fundraising and reputational standing, and influence public policy. • Prepare for, attend, and conscientiously participate in board meetings. • Participate fully in one or more committees or task forces. • Engage in learning opportunities to better understand the community we serve. • Respect the experiences of all who bring their voices and lived experiences into the boardroom and the organization. • Uphold the legal duties and laws regarding nonprofit governance. • Follow the organization’s bylaws, policies, and board resolutions. • Sign an annual conflict-of-interest disclosure and update it during the year, if necessary, as well as disclose potential conflicts before meetings and actual conflicts during meetings. • Maintain confidentiality about all internal matters of the organization.
Travel Percent
Less than 10%
Functions
Skills
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