Each individual board member should bring their own take on proceedings to the table, not to mention their own network of contacts and professional experience.

What’s more, with a mix of cultural backgrounds and ages on your board, in addition to the requisite skills, you will have a non-profit that is well placed to manage risk, plan accordingly, take advantage of future opportunities, and engage with the wider community on a much deeper level.

Why is non-profit board diversity important?

By reflecting the diversity of the very community you are serving, your non-profit board will be in a position to make meaningful connections with prospective donors, partners, and policy makers.

It’s also important that your board members aren’t too far removed from the issues that are impacting your stakeholders. An ability to identify and respond to external environmental factors and influences is key to both short and long-term success.

With diverse and varied perspectives present in the boardroom, major decisions can be taken with confidence. A board with many different voices and backgrounds are much better placed to identify both opportunities and threats, whereas one with very little or no diversity risks being stagnated by its narrow view of the world at large.

Implementing a diverse non-profit board

If your current board lacks the necessary levels of diversity to take your non-profit forward, all is not lost. You can take the following steps to make sure your board evolves into one packed with varied and important skills and experiences.

• First, seek new board members who can expand upon the existing board’s cultural awareness. Ideal candidates should offer something different in terms of their cultural backgrounds, professional expertise, personal experience, and networking capabilities to what you already have.
• And if you’re not totally clear on where your board currently stands in terms of diversity, skillsets and strengths, you can undertake a self-assessment program via BoardSource (click here to get started).
• Next, think about the direction in which your organization is heading. What should your board look like as your non-profit continues to grow and progress? And what particular skills, contacts, experiences, and backgrounds will be most useful in getting you to closer to your goal?
• Finally, set goals for improving your current board in certain areas. New candidates should be evaluated with those goals in mind, and current board members should be made aware of the areas that require strengthening as they too consider prospective board members.

Don’t be afraid to ask for help

When cultivating a diverse non-profit board, it’s not enough to leave things to chance. Developing a structured approach to identifying and recruiting new board members is the only way towards sustained success for your organization.

It is fundamentally important that your non-profit board includes individuals who have strengths and contacts across a variety of professional and personal backgrounds, including marketing, legal, and social media to name but a few.

It’s also crucial that every non-profit board have at least one member with expertise in finance to ensure everything is compliant and legal.

There are a number of resources available to help you take your first steps towards diversifying your non-profit board, such as the previously mentioned BoardSource and the National Council of Nonprofits. Locally, the Impact Foundry (formerly the Nonprofit Resource Center) is an outstanding resource. Under the leadership of Kim Tucker, its Executive Director, the newly named and restructured organization is offering a wide range of educational, consulting and networking programs and events aimed at helping non-profit boards and management to succeed in the non-profit world. Checkbox Accounting’s own non-profit expert, Bill Simi serves as Impact Foundry’s treasurer.

If you’d like to discuss non-profit board diversity further, contact Checkbox today.

The post How to achieve non-profit board diversity appeared first on Checkbox Accounting.

• A board should have a variety of skills, expertise, backgrounds, and perspectives in order to make informed decisions.
• Boards of charitable organizations generally focus on including members with expertise in budget and financial management, investments, personnel, fundraising, public relations, and marketing.
• Every board should have expertise in budgeting and financial management.
• The board must ensure that all financial matters of the organization are conducted legally, ethically and in accordance with proper
  accounting rules, therefore making an effort to ensure that at least one member has financial literacy.
• Some organizations seek to maintain a board that respects the culture of and reflects the community served by the organization.

LEGAL AND COMPLIANCE ISSUES

• There are no laws that directly states and defines how the board should look like. However, there are state laws that have provisions defining the minimum level of independent members on the board.
• In membership organizations, the articles of incorporation must define the roles of members when electing board members.

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