Board Director Job Descriptions (Lipscomb Family Foundation)

Board Director:
Each board member of the organization shall be responsible for:

  • Fully understanding and committing to the mission, goals, and objectives of the organization.
  • Fully understanding the roles and responsibilities of the Board of Directors.
  • Fully understanding the roles and responsibilities of the staff.
  • Fully understanding the day-to-day activities of the organization.
  • Preparing for and attending all meetings of the Board of Directors. This includes reading materials, preparing for questions, and being prepared to vote on grants.
  • Providing general advice and assistance to the organization upon request by Board members and/or staff.
  • Providing reports, materials, and other items associated with Board responsibilities and activities in a timely manner.
  • Informing the Board of all actual and potential conflicts of interest relating to the general purposes and activities of the organization and to specific issues before the board.
  • Developing policies, procedures and regulations for the operation of the Foundation, and monitor the Foundation’s financial health, programs and overall performance.
  • Other responsibilities as requested by the Board of Directors, the Board President, or other officers of the Board.

Officers:

Board President:

  • Oversee board and executive committee meetings
  • Strengthen family unity, foster respect for family history and ensure effective succession planning
  • Foster and protect a safe environment for open communication and inquiry; ensure due process
  • Work in partnership with the executive director to make sure board resolutions are carried out
  • Call special meetings, if necessary
  • Assist executive director in preparing agenda for board meetings
  • Assist executive director in conducting new board director orientation
  • Oversee searches for new staff
  • Coordinate executive director’s annual performance evaluation
  • Coordinate periodic board assessment with the executive director
  • Act as an alternate spokesperson for the organization
  • Periodically consult with board directors on their roles and help them assess their performance

Board Vice President:

  • Attend all board meetings
  • Carry out special assignments, as requested by the board president
  • Understand the responsibilities of the board president and be able to perform these duties in the president’s absence

Board Secretary:

  • Attend all board meetings
  • Maintain all board records and ensure their accuracy and safety
  • Review board minutes
  • Assume responsibilities of the president in the absence of the board vice president

Board Treasurer:

  • Have a thorough knowledge of the organization and a personal commitment to its goals and objectives
  • Understand financial accounting for nonprofit organizations
  • Serve as financial officer of the organization
  • Manage the board’s review of and action related to the board’s financial responsibilities
  • Work with the executive director to ensure that appropriate financial reports are made available to the board on a timely basis
  • Assist the executive director in preparing the annual budget and presenting the budget to the board for approval

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