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The main governing body of non-profits that promotes accountability and transparency The board of directors makes big decisions and establishes goals for an organization. A group of visionary and strategic leaders, the board deliberates on issues of high-level importance and makes consensus-based decisions which are communicated through resolutions. They also assign responsibilities through committees, which function like departments in companies that are for-profit like the finance committee as well as the committees for fundraising and planning and the public relations committee.

Governance models for non-profit organizations aren’t universally applicable, which is why most organizations eventually opt for an approach that is hybrid. The board should ensure that it is free from other private parties, regardless of their model. The board should strictly review any conflicts of interest that could damage the credibility of the nonprofit or its reputation, or put donors at risk. This is accomplished through a conflict-of-interest policy.

Nonprofits select the model of cooperative governance that gives each board member a level of responsibility and voting power. This is a democratic model and is most effective when board members are able to demonstrate their commitment to the mission of the organization. However it can be a challenge when the board is unable to focus on its goals or when morale begins to fall. Patron governance is a different model. It is better suited for nonprofits that are focused on fundraising campaigns. Patron board members are usually wealthy individuals who give their name to the organization and make use of their connections to solicit money from their networks.

https://mindboardroom.com/5-most-common-nonprofit-governance-models/