02 Board Composition : Sunburnt Arts
BurningSeed Restructure Stakeholders PublicSeen by 14The AFR indicates that the community thinks 7-9 Board members would be appropriate and that a mix of representative and skilled positions are preferred, however this may be a different mix for the Cultural Entity and the Operational Entity. Discussion points to start with for the CULTURAL ENTITY:
1. What skillsets are critical?
2. Can there be provisions made for candidates to be trained into a given position of specialty or is prior experience required?
3. What would the Officer positions look like?
4. How many representative Board members is optimal?
5. Should there be at least TWO Board members to satisfy the ATO definition of Responsible Persons to oversee a Public Fund once DGR status is achieved?
I found this fact sheet that is a great summary of what an NFP Board can and can't delegate.
In relation to this, I am wondering if the Cultural entity, having a board of Responsible Person type directors for the purposes of ROCO/DGR, and unable to raise funds from sales but rather requiring donations made, could receive donations from the operational entity or other fund raising entities. This process seems far too obvious to work, but then many of these Foundation type orgs are set up this way for these exact reasons.
As I mentioned in the last meeting, my preference for these kinds of community entities is for the statutory aspect of directorship be siloed into Responsible Persons while a separate committee of guidance occupies the remainder of the domains that we expect from a board. This allows a greater flexibility in the body/ies that direct the org and ensures the legal interface of the organisation is consistently compliant.
@leanna this is the right thread to compose/propose the skillsets or qualities of Board members.
@Eric Doriean Is there any way your thread "my current thoughts about Board..." could be moved here without losing anything please? We have multiple threads about composition and board size under the subgroup but this is the thread that was set up to capture that content in one place.
I'm wondering if we shouldn't just roll the composition/size threads up into a single thread with a few proposals within the thread as they're tied together enough and it limits the spread of comments across spaces.
Yep agree. If we can stick to the admin created threads for a start that would be helpful. I am not sure how to migrate all of this without making a mess though.
Also I think if we try to keep our proposal wording broken down into single parts we can start knocking them off. It is tricky when there are several ideas embedded. But I think I wrote this somewhere else too.
Yep, my compound proposals were more for getting the ball rolling and getting my ideas out than being nicely polished for actioning at this stage. :p Maybe make a new thread with the appropriately catch-all title and I can try to migrate things into it?
So guys THIS is the correct place for us to pool our opinions about Board composition. Not sure if this announcement will help with organising all the thoughts. At the very least please don't create any new threads on the topic! thx xxx
The members should vote for the board composition they want. They should choose to vote for people who have the skills and experience necessary. The board can then choose to seek counsel from or empower people for specialized tasks if required.
The Prolegis advice mentions their assumption that the RC would draft a Board Matrix. Here is a template, I haven't edited anything yet so it needs to be filled in throughout the discussions/vision sessions.