Board Member
Job Description
Bold Idea is a public charity with tax-exempt status under Section 501(c)(3) of the United States Internal Revenue Code. Bold Idea’s immediate governing and fund development responsibilities rely on the support of a separate Board of Directors. The Board supports the work of Bold Idea and provides mission-based leadership and strategic governance. While day-to-day operations are led by Bold Idea’s CEO, the Board-CEO relationship is a partnership, and the appropriate involvement of the Board is both critical and expected.
Specific Board Member responsibilities include:
Leadership, governance and oversight
Serve as a trusted advisor to the CEO as s/he develops and implements Bold Idea’s strategic plan
Approve Bold Idea’s annual budget, audit/progress reports and material business decisions; being informed of, and meeting all, legal and fiduciary responsibilities
Represent Bold Idea to stakeholders; acting as an ambassador for the organization
Ensure Bold Idea’s commitment to a diverse board and staff that reflects the communities Bold Idea serves
Determine which programs are consistent with the organization’s mission and monitor their effectiveness
Contribute to an annual performance evaluation of the CEO
Assist the CEO and Board Chair in identifying and recruiting other Board Members
Partner with the Board Chair and other Board Members to ensure that board resolutions are carried out
Serve on committees or task forces and taking on special assignments
Fundraising
Board members will consider Bold Idea a philanthropic priority and make annual gifts that reflect that priority. So that Bold Idea can credibly solicit contributions from companies, individuals and foundations, Bold Idea requires that 100 percent of members make an annual contribution that is commensurate with their capacity. The minimum annual donation is $2,500 per board member, which can be a combination of personal and solicited donations.
Board terms/participation
Bold Idea’s Board Members serve a two-year term to be eligible for reappointment for one additional term. Board meetings are held bi-monthly and committee meetings will be held in coordination with full board meetings. Board Members are also expected to attend at least one program event during the year.
Qualifications
This is an extraordinary opportunity for an individual who is passionate about Bold Idea’s mission. Selected Board Members will have achieved leadership stature in business, philanthropy, education or the nonprofit sector. His/her accomplishments will allow him/her to attract other well-qualified, high-performing Board Members.
At this time, Bold Idea is seeking Board Members with specific experience in human resources, marketing, business development, public education, and community development.
Ideal candidates will have the following qualifications:
Extensive professional experience with significant executive leadership accomplishments in business, education, philanthropy or the nonprofit sector
A commitment to and understanding of Bold Idea’s beneficiaries, preferably based on experience
Savvy diplomatic skills and a natural affinity for cultivating relationships and persuading, convening, facilitating and building consensus among diverse individuals
Personal qualities of integrity, credibility and a passion for improving the lives of Bold Idea’s beneficiaries