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Ep 8 - Is Serving on a Nonprofit Board a Good Fit for You?

“There are many things to consider when deciding to serve on a board. You have to ask yourself, and I think this is one of the most important things, what am I bringing to the board? Because it's an honor to serve on a board. What skills are you bringing? What perspective are you bringing?” - Nicole Miller-Coleman

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May is excited to welcome Nicole Miller-Coleman, a professional fundraiser and consultant to nonprofits. Together, they extensively explore the realm of nonprofit board membership. When presented with the opportunity to join a nonprofit's board, what actions should you consider to protect yourself? Furthermore, what potential breaches of the bylaws could a board member commit, and to what extent does promoting diversity hold significance within the board? May and Nicole will answer these thought-provoking questions today on The Nonprofit Counsel Podcast.

IN THIS EPISODE:
 

[22:09] What constitutes a conflict of interest for a board member
​[18:17] Nicole talks about one of her favorite boards and bringing on a diversified board
​[12:57] Nicole discusses the importance of bylaws and minutes and transparency around finances
​[07:52] How do you know if you are suited to sit on the board of a nonprofit
​[03:36] Nicole explains the distinction between a Certified Nonprofit Professional and a Certified Fundraising Executive
[01:16] Nicole shares her background working in many areas of the nonprofit sector

KEY TAKEAWAYS: 


  • One should only join a nonprofit board after reading the bylaws and reviewing the financials.
  • If you're going to sit on a nonprofit board, you want to make a difference; otherwise, it feels like you're just wasting your time. Make sure the nonprofit appeals to you personally.
  • ​There are many governmental forms that a nonprofit should be filling out. If they dont file them, the nonprofit status could be in jeopardy. As a prospective member, do your research into if these forms have been completed correctly.