Non profit board meeting minutes. Board meeting minutes are an important but often undervalued form of recordkeeping for organizations. Nothing damages board effectiveness more than poorly organized meetings that dont. The best board members will trample each other to the exit door and hand in their resignations by the weekend if board meetings are poorly handled. For example if someone challenges the validity of an entire meeting on.
Most nonprofit board work is done in meetings either with the full board or in committees. Nonprofits have basic corporate responsibilities they must take seriouslyor risk the unwanted attention of the irs. Nonprofit meetings minutes records. Free shipping on qualifying offers.
They are making decisions about money invested by corporate shareholders and they need to be able to prove they acted wisely in the best interest of the corporation and without conflicts of interesthaving board meeting minutes helps the board prove they acted in good faith and avoid personal liability for their actions. Minutes provide a memorialized chronology of key information such as board actions elections of officers or directors and certain reports from committees and staff. President mccann and secretary strating are tentatively planning to attend the nonprofit board of the 21st century seminar at gvsu in grand rapids on september 17. Non profit legal guide to meeting minutes page 3 of 4 published by organization management inc po.
Get a basic sample of board of directors meeting minutes in this topic from the free management library. Box 368 lovettsville va 20180 0368 minutes are also important to prove that a meeting was valid. The board president is responsible for ensuring that meetings are well organized and begin and end at a scheduled hour. Avoid problems with the irs.
Some people refer to the boards executive session as the part of a board meeting not open to membership or others.