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Stakeholders Board Service Match Pr

Board Service Institute

Do you want to make a difference in your community?

For many people, the ideal way to do that is to serve on a nonprofit board. Stakeholders, Inc. has developed a Board Service institute to train new and current board members and also to help you determine if board service is right for you and, if it is, get started.

 

nonprofit board training

THE LEGAL AND FINANCIAL FIDUCIARY DUTIES OF BOARD MEMBERS 

This Seminar trains board members on the Legal and Financial Fiduciary Duties of nonprofit board members and includes a legal update on the New York State Not-For-Profit Revitalization Act as it pertains to board Governance.

The program is designed for nonprofit board members, or future nonprofit board members, Executive Directors and/or staff. The Program is presented by Catherine M. Hedgeman, Esq. Ms. Hedgeman is the Owner of the Law Office of Catherine M. Hedgeman and is an expert in the areas of Nonprofit Law and Management and Governance. In addition to this program, Ms. Hedgeman also offers a customized four-hour training for nonprofit boards on the Legal and Financial Fiduciary Duties of Board members and Best Practices.

Course Topic Description 

I. Legal (1.5-2 hours -- add an hour if legal updates regarding the Revitalization Act are requested)
A. Three Duties and Legal Standard of Review of Board decisions
B. Identifying and dealing with Conflicts of Interest
C. Legal Governance Policy requirements (by-laws, COIP, Whistleblower, Document retention etc.) (this is a shortened version and does not include all NYS Revitalization Act updates)
D. Risk Management and Best Practices

II. Financial (2 hours -- a longer version is available which includes additional topics on: Lending/borrowing, financial management of grants and the Audit process)
A. General Financial duties of Board members
B. Financial Statements Review- What are they and how do I read them
C. The 990 and the boards’ obligation
D. The role of the Finance and Audit Committee and legal requirements
E. Best Practices in Financial Governance

Ms. Hedgeman also offers By-Law, Conflict of Interest and other Governance Policy Review and Revision Services

Stay tuned here, and sign up for our newsletter to receive information regarding Board Service Training.

Board Match Program

Board service is the perfect opportunity to develop leadership skills, build new networks and make a significant contribution to a nonprofit.  Our Board Leadership Program trains and matches people to positions on nonprofit boards and committees. 

For individuals seeking to become involved in community leadership, our Board Leadership Program prepares and recommends candidates for board positions, according to the needs expressed by nonprofit organizations, and the interests and skills of individual candidates.

Participants gain numerous benefits from the Board Leadership Program:

  • Enhanced leadership and management skills
  • Networking opportunities for individuals to meet and work with other professionals on nonprofit boards
  • Training in the roles and responsibilities of nonprofit board members
  • Greater understanding of and connection to the community
  • Opportunities to make an impact working for a cause they believe in

For more information on our Board Match Program, contact Catherine Hedgeman at ceo@thestakeholders.org

Application to be matched to a Board: Download Board Service Questionaire BD mem.docx

Application to find new board members: Download Board Service Questionaire np.docx

Please return all applications to : ceo@thestakeholders.org

 

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Please contact us for more information or to volunteer your time or services.


The Stakeholders, Inc.
PO Box 177,
Albany, NY 12159
(518) 573-3108

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