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There comes a point in every nonprofit that founders realize they need guidance, advice and pairs of hands. That’s when many put together an executive board. However, not all boards work the same. There are a variety of governance models that can help ensure that your charity runs properly and is able to fulfill its mission.
The advisory model is among the most well-known models for nonprofit governance. This permits the executive director to meet regularly with an advisory board to get advice on how to run the organization. The governing body could be different or similar from the advisory board based on the terms that are agreed on. Another popular model is the cooperative governance model. This is a highly democratic system which distributes power evenly across all board members. It works best for companies that aren’t legally required to have a chief executive officer.
The Policy Board Model is also extremely popular. Developed by John Carver, this governance model is an excellent method for creating guidelines that management and the board must adhere to.
While all of these are excellent models, they might not be the perfect fit for your nonprofit. It is typical for nonprofits to employ an overall governance model to which they may add additional models in order to meet their specific needs. This creates a powerful combination of systems that help your organization thrive and achieve its goals.