Nonprofit Board Member Agreement Template

What This Nonprofit Board Member Agreement Template Covers

This nonprofit board member agreement template provides a comprehensive framework for defining the roles, responsibilities, and expectations of board members within a nonprofit organization. Key clauses include the Parties involved, Term of Service, Board Member Expectations, and Fiduciary Duties, ensuring clarity and legal compliance. Additionally, it includes a Conflict of Interest Policy, which is crucial for maintaining integrity within the board.

When to Use a Board Member Contract

Utilize this board member contract when appointing new board members to your nonprofit organization. It is essential during the onboarding process to ensure all parties understand their obligations and rights. This agreement is also useful when revising existing roles or addressing any disputes regarding board member responsibilities.

What's Included in This Nonprofit Governance Agreement Template

• Parties: Clearly identifies the nonprofit organization and the board member involved.
• Term of Service: Specifies the duration of the board member's term and any renewal processes.
• Board Member Expectations: Outlines the expected attendance, participation in meetings, and involvement in committees.
• Fiduciary Duties: Details the legal obligations of board members to act in the best interest of the nonprofit.
• Conflict of Interest Policy: A conflict of interest policy template is included to ensure transparency and ethical decision-making.
• Confidentiality Agreement: Protects sensitive information shared during board meetings.

Key Board Member Responsibilities

• Communication Guidelines: Establishes how board members should communicate with each other and with staff.
• Resignation Procedures: Outlines the process for a board member to resign from their position.
• Removal Process: Details the conditions under which a board member may be removed from the board.
• Indemnification Clause: Protects board members from personal liability for actions taken on behalf of the nonprofit.

Disclaimer: This template is for informational purposes only and does not constitute legal advice.