While I am lifted by the creativity that is being used to deliver our own programs in innovative and creative ways, I am also worried about the nonprofits whose programs cannot be turned into virtual programming. Check out this resource on the One final note about executive committees — never let your executive committee replace the board. BCPs are an essential part of an overall risk management strategy and are helpful in allowing the organization to remain operating during a crisis. The COVID-19 pandemic has made the lives of all executive directors far more difficult. So much so that you would need a parliamentarian to truly follow Robert’s Rules, which means that you probably aren’t really following them, and are already outside of your bylaws.For more information on Robert’s Rules and why they may not be right for you, the Legal Center for Nonprofits may be able to help. This may be an appropriate role for your executive committee.If your board is unable to convene on a regular basis, ask your chair to Identify which standing committees are essential to continue in the coming months. BoardSource Trainings.
BoardSource hosted nonprofit leaders from around the sector in a series of video chats on responding to COVID-19.
It is not uncommon for EDs to feel lonely and isolated in their position, and for many, the current atmosphere has made those feelings even worse.
Options could include the immediate past chair, vice chair, or another board officer.You have probably known how to handle most situations you have faced as a CEO. If you are in a virtual session and decide to record the session to capture everything and later transcribe, just record the actions and decisions into minutes. If the board finds that the best way to support the organization is for the board to extend their terms, then they need to have the flexibility during this crisis to make those decisions. Boards can support the CEO in their decision making by asking difficult questions.This really depends on your organization’s circumstances, and ultimately, what the CEO thinks is best.
Remember, you are not alone.I’ve come across a few new resources on BCPs for you.
You will also want to clearly state in your All of these short-term suggestions include making and documenting a plan as to how to handle cash receipts, cash disbursements, and payroll, as well as close monitoring of the execution of the plan. While there are some who believe advocacy and fundraising are primarily staff functions, they are actually fundamental and essential responsibilities of your board members. If you have any questions, please don’t hesitate to reach out to our Topics: BoardSource’s core membership program ensures that, throughout the year, your organization’s leaders are supported with educational resources and tools to further your board development goals.
If you don’t currently have this kind of open dialogue, now is the time to build that type of relationship and discuss how you want to Council of Michigan Foundations: (includes Q&As related to how community foundations are helping their grantees during the COVID-19 crisis) The fact sheet also says that because of the high demand for loans, in order for the loan to be forgiven, only about 25% of the loan proceeds can be used for non-payroll expenses.
Additionally, as stewards of the organization who are responsible for the financial and legal oversight of the organization, the board should assess the current and future impact that COVID-19 will have on the economy, the organization, staff members, and the community it serves.
Right now, this low-interest loan is available to small businesses and nonprofit 501(c)3s, and like the PPP loan, it can be used to cover payroll costs, in addition to fixed debts and other costs the nonprofit is unable to cover. The Treasury Department has also put together this The Economic Injury Disaster Loan (EIDL) is a little different.
Virtual Meetings Untangled (BoardSource) (And more advice/answers to FAQs re: boards and COVID-19) What Nonprofit Board Members Should Be Doing Right Now to Address the COVID-19 Situation (BoardSource) BoardSource is making their Ask the Expert service–usually only available to their members–accessible to all for the time being. We know how hard it is, as we are experiencing this crisis along with you, your staffs, and the people and communities you serve. It is imperative to communicate to board members that they need to be just as engaged in discussion and prepared for decision making as they are when meeting in person. I know these are scary times. These are challenging times, and it is important for the board and staff to come together and develop a plan that will help the organization weather this crisis.
Your board — or a subset of your board — is your thinking and governing partner in navigating your organization’s future in the short, intermediate, and long term.
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