Excellent boards are made, not bornExcellence in board governance requires success in four crucial areas: leadership, organizational structure, fiduciary duties and board culture. But what does excellence mean for a nonprofit board, and how is it measured? More importantly, how does a board map a path to that goal?
Use the paper attached below — which appears courtesy of John S. Griswold and William F. Jarvis of the Commonfund Institute — as a guide. While reviewing the functions, practices and policies of excellent boards, you'll learn what boards look like when they're at the top of their game.
Sections of the 2014 paper include:
- The board's purpose and roles
- Board structure, composition and other key attributes
- Committees of the board
- The executive director or president
- Strategic planning
- Putting it all together
The Commonfund Institute is dedicated to the advancement of investment knowledge and the promotion of best practices in financial management.