Board members help nonprofits secure adequate resources for the organization in ways that allow for financial stability over time.
Fundraising provides the essential resources to fulfill an organization’s mission. Activities related to fundraising can also expand the community supporting a nonprofit’s mission and connect more people to the larger cause the organization addresses. The board needs to conduct fundraising activities in a manner that upholds the public’s trust in the organization’s stewardship of contributed funds. Conducting fundraising in an ethical, professional way that follows local, state, and federal law is crucial for nonprofits.
Before you start this chapter, watch this short video and hear from Regina Elmi, Board Member at RVC Seattle, about her perspective on fundraising for boards.