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Guidelines for Board Of Directors
As of 2024, the Billion Dollar Roundtable has grown exponentially over the past several years almost doubling its membership. We continue to seek representatives that match the experience and familiarity with the organization that reflects the mission and vision.
Guidelines
The following are guidelines for individuals who represent corporations in good standing and seek to have a board position:
1. Expertise and Skills:
Specific skills (e.g., procurement, global business, financial management, legal expertise, fundraising, marketing, etc.) that would strengthen the board's capabilities.
2. Commitment:
A genuine commitment to the organization's mission and willingness to dedicate time and effort to board duties. Evidence of commitment may be through active participation on a committee and committee leadership for a minimum of two (2) years.
3. Network and Influence:
A strong network that could benefit the organization, either through fundraising, partnerships, or advocacy.
4. Leadership Experience:
Demonstrated leadership in professional or volunteer roles, indicating their ability to contribute effectively to board governance.
5. Integrity and Ethics:
High ethical standards and integrity, and courage to guide the organization's values and decisions.
6. Strategic Thinkers:
Demonstrated ability to think strategically and contribute to the organization's long-term planning and growth through past committee projects or industry leadership.
7. Team Players:
Individuals who can work collaboratively with other board members, staff, volunteers, and stakeholders.
8. Fundraising Ability:
While not always mandatory, candidates with fundraising experience and willingness to participate actively in fundraising efforts.
9. Availability:
Availability and willingness to attend board meetings, participate in committees, and engage in board-related activities.
10. Legal and Governance Knowledge:
Basic understanding of nonprofit governance and legal responsibilities.
11. Passion for the Cause:
Passionate about the organization's mission and motivation to make a meaningful impact through board service.
12. Educational Background:
Specific educational backgrounds (e.g., procurement, supply chain, business, banking, nonprofit management, business administration, law, etc.) experience.
13. Previous Board Experience:
Previous board experience to offer valuable insights into board dynamics and governance best practices.
14.Diversity:
Nominees from diverse backgrounds (e.g., gender, ethnicity, age, professional background) to bring varied perspectives and experiences to the board.