Serving on a board of directors can be a rewarding way to contribute to a cause or organization that aligns with your values. Whether it’s a nonprofit, a startup, or a well-established institution, joining a board allows you to lend your skills, network in the community, and play a role in shaping the future of an organization you care about.
But before you commit, it’s important to make sure the opportunity is the right fit for you. Here are six key questions to consider as your get started.
1. What’s the organization’s mission?
A strong personal connection to the group’s work is essential when thinking about joining their team. Whether it’s education, healthcare, the arts, or social justice, you should take a moment and ask yourself, “Does this mission align with my goals?” Board service is a commitment of time and energy, so it’s important to feel passionate about the cause and the impact the organization is making.
2. What will you do?
Boards can vary wildly in their expectations! Some are more hands-on, while others focus on governance and big-picture strategy. Ask questions to understand what your expected contributions will be. Will you be providing financial oversight, focusing on fundraising, offering strategic guidance, or participating in the hands-on work of the organization? Clarify your role and responsibilities upfront so there are no surprises.
3. What’s behind the scenes of the organization?
Take time to research the group’s leadership, structure, and financial health. Reviewing financial statements, meeting with current board members, and understanding the board’s relationship with their staff and community can provide a great look into how the organization is run. A well-managed board operates with transparency and teamwork, setting the organization up for long-term success.
4. What are the legal and financial considerations?
Board members often have fiduciary responsibilities, which means they must act in the best interest of the organization. This can include financial decision-making and making sure the group complies with legal and ethical standards. Find out if the organization carries Directors and Officers (D&O) insurance, which helps protect board members from liability in case of any legal challenges.
5. Who else is on the board?
A board is only as strong as its members. Consider the board’s diversity, expertise, and leadership style. Do you see opportunities to learn from others? Do you see yourself fitting in? Does the board function as a collaborative team? Shadowing a meeting or speaking with current members can help you gain insight into whether the board is a good cultural fit for you as well.
6. Do you have the time?
Serving on a board is a meaningful commitment, but it can also be time consuming. Be realistic about how much time you can spend attending meetings, participating in committees, and supporting events. If the commitment seems a little too much, it may not be the right time to join, or you may want to explore a less demanding role within the organization.
Making a Decision
Board service can be a wonderful way to give back to the community and expand your leadership experience, but it’s important to approach the opportunity with care and consideration. By doing your research and asking the right questions, you can make sure that your time on a board is both personally fulfilling and beneficial to the organization. If you’re ready to take the next steps, consider reaching out to the leadership team of the organization you care about to learn more about how you can get involved.