The contract of the members of the board of directors (sometimes called a “memorandum of understanding”) is an instrument for setting expectations at an early stage. A board member contract is a written agreement that sets out the organization`s expectations of board members. While not intended to serve as legally enforceable contracts, board contracts or MOUs help set clear expectations. In extreme cases, they can serve as a basis for eliminating chronically weak board members. The agreement lists all the responsibilities of each member of the board of directors. The contract serves as a structure for the members of the board of directors who must follow them as they play their role. The contract also conveys the responsibilities of the organization and its relationship with the board of directors. The organization informs the members of the board of directors of the essential values of the organization, differences of opinion, debates, responsibility and relationship by contract. To give you an idea of what the nonprofit member agreement contains, take a look at this model contract: the chairman of the board of directors will sign two copies of the contact with the nonprofit board of directors, while the new member of the board of directors will also be invited to sign both copies of the contract.
The Chairman of the Board of Directors will then keep one copy for himself and return the other copy to the member of the Board of Directors. When the board of directors agreement is signed, it assures the organization that the member has read the agreement and agrees with the conditions set out therein. Does your nonprofit need a board of directors? Save files, calendars, contact information and more! Sign up for a tree study to get the most out of your board members. All boards make recruitment mistakes. You look carefully at and enthusiastically elect a new board member. You keep an orientation, you inform about the organization`s programs, set meeting dates a year in advance and yet the new member does not meet expectations. They don`t show up for meetings, skip fundraising events, avoid committee work, and hold a valuable place on the board. Among the general expectations regarding board contracts are the following: setting clear expectations helps board members know what is expected of them and helps the board hold members who do not draw their weight to account. Share your board`s experience with consulting contracts in the comments.
Board contracts should be adapted to reflect the organization`s core values, address all areas that have caused friction in the past, and recall all expectations for fundraising. For example, if an organization has a minimum of fundraising – “give or receive,” the board membership contract is the perfect place to remember that. . . .