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BoardSource provides information on building a nonprofit board for the first time. Form your first board, recruit members, and kickstart essential tasks & meetings.
We share six steps for how to run a volunteer board meeting that’s both productive and effective. Learn tips and tricks on how board chairs should conduct board meetings.
What should board of directors first meeting minutes include? Your corporation’s first directors meeting typically focuses on initial organizational tasks, including electing officers, setting their salaries, resolving to open a bank account, and ratifying bylaws and actions of the incorporators.
This guide demystifies the challenges of running a board meeting by breaking it down into 3 helpful sections: Roles & Responsibilities, Running an Effective Meeting, and Board Meeting Procedures. Throughout we cover the basics and best practices in how to run a board of directors meeting.
In general, the first board meeting of a new nonprofit should include 9 specific items: attendance and quorum, temporary officers, record Articles of Incorporation, adopt Bylaws, record the initial board and terms, appoint board officers, designate principal offices, authorize corporate bank accounts, and authorize tax exemption application.
Your first Board meeting needs to have two things; structure and formality. If you are the Board Chair, then it’s essential to recognize that you are in control; you set the agenda, pace, tone, and what is of value.
As with all board meetings, you’ll need to produce minutes of the first directors’ meeting so we’ve created a handy free template set of minutes that you can download, amend and use for your company.