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There comes a time in every nonprofit that founders recognize they need advice, direction and more pairs of hands. Many nonprofits create an executive board at this stage. There are many different boards that are not exactly the same. In fact, there’s several governance models that can be utilized to ensure your charitable organization is run properly and fulfills its stated goals.
One of the most well-known nonprofit governance models is an advisory model. This permits the executive director to regularly consult with an advisory board for advice on how to run the non-profit. The governing body can be the same as or different from the advisory board according to the terms that are agreed upon. Another popular model is the cooperative governance model. This is a highly democratic structure that shares the power equally among all board members. It is ideal for organizations that are not legally required to have the CEO.
The Policy Board Model is also very well-known. This model of governance was designed by John Carver and is a excellent tool to create policies that both management and the board must follow.
All of these models are great however, they might not be suitable for your particular nonprofit. It is common for nonprofits to have a central governance model to which they will add additional models in order to meet their unique needs. This is a great combination of systems that can help your organization to grow and reach its goals.