In this section, you will learn about the general responsibilities of Iguality board members, which include participating in key meetings, reviewing organizational progress, and mediating conflicts. Additionally, board members can engage in optional tasks such as representing the organization at events and contributing to policy development.
Key duties of the board
Laatst bijgewerkt: 27 april 2025 om 08:14
The Board of Directors consists of the essential people that steer our organisation towards a sustainable future by adopting sound, ethical, and legal governance and financial management policies, as well as by making sure our organisation has adequate resources to advance its mission. They do so by committing themselves to the following key board member duties.
Duty of Care
Take care of the nonprofit by ensuring prudent use of all assets, including facility, people, and good will.
Duty of Loyalty
Ensure that the nonprofit's activities and transactions are, first and foremost, advancing its mission; Recognize and disclose conflicts of interest; Make decisions that are in the best interest of the nonprofit corporation; not in the best interest of the individual board member (or any other individual or for-profit entity).
Duty of Obedience
Ensure that the nonprofit obeys applicable laws and regulations; follows its own bylaws; and that the nonprofit adheres to its stated corporate purposes/mission.
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In this section, you will learn about the specific roles and functions of the President, Vice President, General Secretary, and Treasurer within an association. Each role is crucial for the effective governance and management of the association, ensuring smooth operations and adherence to organizational protocols.
In this section, you will learn about the voluntary nature of board positions at Iguality, where board members contribute their efforts without financial compensation. Instead, they receive benefits such as meals during meetings and the opportunity to request an official recommendation letter after six months of service.
In this section, you will learn about the liability regime of associations as outlined in Article 15 of the Organic Law of Associations, which includes civil, administrative, and criminal liabilities for board members. It emphasizes that individual board members are only personally liable for debts, fines, or criminal activities if they acted in bad faith,
In this section, you will learn about the procedures for voluntary and forced leave from the board, including how a board member can resign by notifying the board via email and the voting process required for forced leave. Understanding these processes ensures smooth transitions and maintains board functionality.
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