August 25, 2013
Having a diverse board is imperative for the success of nonprofits, which is why more organizations are adding women to leadership positions. A recent article for Associations Now referenced data from the 2012 Nonprofit Governance Index performed by nonprofit consultancy BoardSource, which revealed 45 percent of nonprofit board members were women. This is much higher number than the just 17 percent of women who make up the board of directors at Fortune 500 companies.
A lack of women on the board could hurt nonprofits
Vernetta Walker, vice president of consulting and training at nonprofit consultancy BoardSource, told Associations Now that nonprofits that fail to integrate women among leadership positions could be at a disadvantage. A good mix of men and women in the board of directors can make it easier for nonprofits to carry out their overall mission.
"You have diverse membership," Walker told Associations Now. "You need to be able to relate to your stakeholders, and you want to make sure that you have a variety of voices represented at the decision-making table. If you're not ensuring that your leadership is as diverse and inclusive as those that you're serving, then you have to ask, 'Are you missing an opportunity? Are you truly representing those who you say you are?'"
By improving the lines of communication at the organization, nonprofits are able to get better diversity on the board. Nonprofits that have a large majority of men in charge need to work on ways to get more women involved.
Nonprofit sought out women to lead the way
Diversity among the board members is key for nonprofits that want to consider a number of different perspectives when making important decisions. This is why Right to Dream USA, a nonprofit that is raising money for a free middle-school/soccer academy for girls in Ghana, made an effort to add female executives to the team to spearhead is operation, reported Crain's New York.
Right to Dream had already completed this program for young boys in Ghana and needed women to make the same wish come true for young girls throughout the country, stated the news source. With the boys program in place, the nonprofit needed women to take charge and provide leadership to benefits young girls in Ghana.
In addition to their money-saving purpose on behalf of nonprofit organizations like AHS, First Nonprofit’s Nonprofit Unemployment Fund
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Because INCS advocates for the operating conditions that allow charter public schools to provide high quality public education, partnering with First Nonprofit was an easy decision. First Nonprofit’s unemployment programs provide our member schools two operating elements crucial to their ability to provide high quality public education: savings and budget certainty. Capable, committed teachers are the key to student success. By participating in the unemployment insurance savings plan, charter public schools gain peace of mind and are able to invest more money in their teachers.
Throughout our membership in the Unemployment Savings Program, First Nonprofit understood our demands, community dynamics, and the importance of seamless services; that allowed us to serve our constituents better.