Sunday, January 25, 2009

Defining the board treasurer's role

One of the most unappreciated and misunderstood nonprofit board jobs is that of the treasurer.

Chances are good that, if you've served on enough boards, you've encountered at least one round-robin resembling this: "Will you do it? I can't do it -- can you? We REALLY need to recruit a treasurer..." Been there, had that conversation (about a dozen times).

While the job still may feel far outside of our individual capacity, we do have help defining exactly what the treasurer does and why. One of the better summaries was posted recently at Nonprofit Law Blog, a particularly good resource for understanding in plain English the legal challenges that nonprofits and their boards face.

Click here to access the latest post, titled "Duties of the Treasurer of a Nonprofit Corporation.

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