The basics Just as for any corporation, the board of directors of a nonprofit has three primary legal duties known as the “duty of care,” “duty of loyalty,” and “duty of obedience.”

I, , recognizing the important responsibility I am undertaking in serving as a member of the Board of Directors of this organization, hereby pledge to carry out in a trustworthy and diligent manner the duties and obligations in my role as a Board member.

If not, it's time to introduce the idea of this brief, but important document to your governance or executive committee. A board member Statement of Commitment (or agreement form) is a promise made by an incoming member when agreeing to serve on a nonprofit board.

Hence, it is argued, boards can be helped greatly by focusing on four key areas: establishing vision, mission and values. setting strategy and structure. delegating to management. exercising accountability to shareholders and being responsible to relevant stakeholders.

Generally, it is expected that Directors make a commitment of three years. This commitment can be extended to a maximum of nine years through two additional 3-year terms before a person would leave the board. Directors will devote at least 20 hours per month on Board business.

Boards have numerous responsibilities: they oversee management, finances, and quality; set strategic direction; build community relationships; establish ethical standards, values, and compliance; and select a CEO and monitor his or her progress.

Some organizations call such a commitment “Board Assurances,” or “Board Affirmation” or simply “Board Commitment.” Whatever it is called, its purpose is clear-to outline the expectations of all board members and to have each board member's agreement to uphold and fulfill the expectations.