Joining a non-profit board can be a great opportunity to learn, grow, and give back to your community. While not all boards are the same, the most they’ll need from you is your time. In this article, we’ll explore the value of this commitment, and what you should consider before applying.
4 Reasons to Join a Non-Profit Board
1. Improve Your Communication
The best boards are teams and ensure everyone has a voice. In a small business, you have limited opportunities to manage large meetings with conflicting views. But, being part of a board allows you to collaborate with diplomacy and patience.
2. Grow Your Skills
As part of a board, you’ll likely oversee business, marketing, and fundraising strategies, review financial reports, speak at events, and represent the organization. It’s a fantastic chance to cultivate your skills while leaning on fellow board members for mentorship and support.
3. Meet Interesting People
People who join boards have one thing in common, they’ve chosen to get off the bench and get into the field. They aren’t just members of the community, they’re trying to make it better.
Serving on a board allows you to connect with people and foster new friendships. Plus, you’ll be able to attend events that you may not have had access to previously, and can connect with people who can help you and your business grow.
4. A Chance to Make a Difference
While serving on a board offers you many benefits, the main reason for joining one should be to make a difference in your community. Whether it’s guiding best business practices, raising awareness of issues, fundraising, or mentorship, board service is a great way to give back.
What to Know Before Applying
How do you know if a board position at a specific organization is right for you? Assess the following factors:
1. Mission and Values
Familiarize yourself with the organization by looking at its mission statement and values. You could also look at the annual report and articles about the organization. Just because you’re in the same community doesn’t guarantee that your values will align.
2. Finances
Request a copy of their budget, recent balance sheet, and financial statements. You don’t have to be a financial expert to join a board, but you should understand the organization’s financial state.
3. Your Responsibilities
Find out how often the board meets – it could be anywhere from monthly to annually. Remember, the less often the board meets, the less engaged and productive they’ll be.
Then, find out what your responsibilities will be. Are the roles of the board clearly defined? Are there standards of performance you’re expected to meet?
4. Liability
Volunteer boards are ultimately responsible for what happens at the organization. Directors are liable for decisions made by the board on behalf of the organization. You should ensure that the organization has sufficient Director Liability insurance for protection.
5. The People
You’re inevitably going to have to make unpopular decisions and face challenging conversations with the board and organization. So, find out who you’ll be working with, their priorities, and their investment.
6. What Are They Missing?
Find out what skills they’re missing from their current board members and if you can fulfill those needs. Do they need help with public relations, SEO, finance, event planning, or connecting with specific groups of people? Knowing this will help your pitch and ensure that you have a direction for your role.
It takes a lot of time and commitment to serve effectively as a board member. But, the benefits to your personal and professional life far outweigh the work required. If you’re considering this route, check out Imagine Canada for opportunities.
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