First · NASDAQ:FUNC
First — First United — Bored to Board slidedeck
31 slides from First's investor presentation
Slide 1: Non-Profit Lunch & Learn Series: Moving From Bored to Board!
Non-Profit Lunch & Learn Series Moving From Bored to Board! Building Effective Boards of Directors Please say hi in the chat and tell others who you are!
Slide 2: Welcome / Agenda
Welcome to our Non-Profit Lunch & Learn Series Moving from Welcome! Bored to Board! AGENDA ❑ Board Types and Responsibilities ❑ Recruitment and Succession Strategies Driven by your ❑ Building and Informed and Effective Board Vision and Mission! Announcements from Sponsors
Slide 3: Take Notes as we go! Next Steps Action Planner
From Bored to Board! Lunch & Learn Seminar Next Steps Action Planner Use this space to record any ideas, tools, processes, etc. that you would like to take back with you to your work. Don’t forget to jot down your ideas for next steps to apply them in your work! What ideas, resources, or connections
Slide 4: Who is Meg Kinghorn?
Who is Meg Kinghorn? • NGO capacity strengthening facilitator • Capacity assessment facilitator • Board member / board chair
Slide 5: Leading with Intent
Leading with Intent Board Source
Slide 6: Here in the Eastern Panhandle …
Here in the Eastern Panhandle …
Slide 7: Board Types & Responsibilities
Board Types & Responsibilities
Slide 8: Types of Boards
Zoom Poll: What type best describes YOUR board? Types of Boards • Governing • Working • Advisory • Fundraising This Photo by Unknown Author is licensed under CC BY-SA
Slide 9: Board Responsibilities!
Board Responsibilities! Meaning they … Duty of Care Ensures good use of all assets ✓Set direction → vision, mission, strategic goals ✓Establish / approve policies that define org. rules Duty of Loyalty Ensures activities advance the ✓Ensure assets are in good order e.g., equipment, facilities, staff
Slide 10: What are the Boundaries???
What are the Boundaries??? ✓ Approving strategies ✓ Establishing policies Governance ✓ Reviewing performance and compliance Oversight Which is this? Management 1. Approving the annual budget? 2. Making financial payments? 3. Reviewing quarterly report? ✓ Implementing programs ✓ Managing operations
Slide 11: Survey Says… !
1. Our board policy outlines rules for how the board operates. 8 7 Survey Says… ! 0 15 responses Yes! Strongly agree Well … somewhat No, do not agree agree 2. Our board charter contains a 3. Our board & management clear conflict of interest policy. clearly understand their distinct roles. 6 5 9 4 5
Slide 12: Useful Resources
Council of Non-profits Board Effect Useful BoardSource Resources Leading with Intent National NGO Survey WV Non-profit Association (best practices manual) WV state law
Slide 13: Recruitment & Succession Strategies
Recruitment & Succession Strategies Answer in the chat … Why do people volunteer to be board members??
Slide 14: Survey Says… !
4. Our board represents the community, including program participants. 8 Survey Says… ! 5 2 15 responses Yes! Strongly agree Well … somewhat No, do not agree agree 5. Our board members are given a 6. We apply a term limit policy job description and orientation. 7 7 5 4 3 3 Yes! Strongly agree Well …
Slide 15: Thinking about recruitment …
Program Participants / Beneficiaries Volunteer Board Thinking about recruitment … ExCom Community
Slide 16: Create a Board Recruitment Plan
PRESENT RECRUITMENT SKILLS MEMBERS NEEDS Fundraising Creative Proposal writer Financial management Banker Create a Legal advice Lawyer Board Communications – social media IT specialist Blogger Recruitment Teacher or Plan … School connections administrator Beneficiary members Parents Ethnic diversity
Slide 17: Useful Resources
Useful Board Succession Plan – Diligent Insights Resources Board Orientation – National Council of Non-Profits
Slide 18: Organizational Reflection on Recruitment …
Using the Take Away sheet, in the next 3 Organizational minutes … Reflection on Recruitment … Take time to reflect on your board recruitment and succession. Jot down ideas and resources that will help your organization.
Slide 19: Building an Informed and Effective Board
Building an Informed and Effective Board
Slide 20: Characteristics of High-Performing Boards
• CEO and chair fully engage individual members; • Practices effective governance, especially related to Characteristics of recruitment and reappointment; • Leadership succession is an integral part of the culture; High-Performing • Strong focus on performance, results and measures of Boards success
Slide 21: Building a Board!
Build trust and Strengthen board Create an annual strengthen committees board work plan Building a relationships Board! Hold periodic Monitor retreats and self- organizational assessments performance
Slide 22: Organizational Performance Monitoring
Organizational Performance Monitoring • Organizational Performance Index (OPI) - Pact
Slide 23: Board Meetings!!!
Board Meetings!!! • (Watch previous L&L session!) • Focus on committee reports • Celebrate achievements; review commitments • Follow your calendar and agenda – send both in advance • Start 15 minutes early for socializing and trouble shooting • Consider a consent agenda
Slide 24: Survey Says… !
7. Board meetings are regular, decisions are documented and followed-up. 12 Survey Says… ! 3 0 15 responses Yes! Strongly agree Well … somewhat No, do not agree agree 8. Our board maintains a calendar 9. Our board ensures the of issues throughout the year. organization delivers on its mission and pr
Slide 25: Useful Resources
All Hands On Board: The Board of Directors in All- Volunteer Organizations – Blue Avocado Board Self-Assessment Tool – McKinsey & Co. Useful Creating a Board Work Plan – InFocus Leadership Resources Effective Board Meetings for Good Governance – Council of Non-Profit Associations Consent Agendas – C
Slide 26: Speed Dating Activity!
Speed Dating Activity! You will be in a breakout room in pairs for 3 minutes! 1. Introduce yourselves 2. Share: What do you do … (or what will you do) … to make your board effective? We will have 3 rounds of breakout rooms. Enjoy your conversations!!!
Slide 27: What ideas did you pick up?
What ideas did you pick up? (Write them in the chat) 27
Slide 28: Consulting Support for Your Organization
Consulting Support for Your Organization Meg Kinghorn and Jeff Feldman have each served nonprofit organizations and NGO’s for 30+ years. They have partnered with United First Bank, Eastern WV Community Foundation, and United Way of the Eastern Panhandle to offer a series of Lunch & Learn sessions fo
Slide 29: First United Bank & Trust
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Slide 30: Eastern West Virginia Community Foundation / United Way
EASTERN WEST VIRGINIA COMMUNITY FOUNDATION o” Gather. Grow. Grant. United United Way Way 4 of the Eastern Panhandle
Slide 31: Thanks for Joining Us!