Recruiting and Using Finance Volunteers in Governance Roles [SUBSCRIBERS-ONLY]

Finance should always have a seat at the leadership table within a nonprofit organization. There is an embedded financial impact in all Board and management decisions. To ensure the delicate balancing act of mission vs. financial health is kept front and center, make thoughtful positioning of volunteers with financial experience a priority when finding and seating your Board of Directors and various committees.

Nonprofits generally do not have enough volunteers with financial backgrounds (such as CPAs, CFOs, Directors of Finance, Financial Advisors, MBAs, Staff Accountants, etc.). Most nonprofits struggle to find, attract, and retain volunteers who have financial experience. This occurs largely because nonprofits are not focused on the important role that financial professionals play in assembling a high-performing volunteer governance team.

Be proactive, strategic, and thoughtful. These are the three critical drivers that will help ensure maximum benefit is realized and sustained for your organization from having more volunteer leadership with financial experience.