What types of projects do Board Fellows undertake?
Projects assigned are board-level projects, not staff-level work, and are designed to be manageable in light of the student’s other academic demands. Examples of student projects include:
- Board Assessment: review of past board assessments or development of new process
- Performance measurement: developing a balanced scorecard or creating an evaluation system
- Strategic plans: developing a strategic plan for growth, fund development or web development
- Marketing plans: developing a strategy for public relations or branding
- Fund development: analyzing current fundraising efforts to increase donations
- Finance: conducting a cost/benefit analysis for a new investment
What type of training and support does Business+Impact provide Board Fellows and organizations?
At the beginning of the fellowship, both students and nonprofits are provided an orientation of the Board Fellowship Program. The majority of content and training for students is done through the Governance of Nonprofit Organizations class (BA601) that is offered during November and December. Following the conclusion of the class, the Center provides further training on topics relevant to board governance and provides avenues for students to compare learning, issues, and experiences. In addition, nonprofits and students receive ongoing support from the Center such as additional project resources or communication channels to establish clear expectation.
What is the time commitment for Board Fellows?
Board Fellows voluntarily commit a similar amount of time per month as a full board member (typically 6-10 hours a month), including attending board meetings, committee meetings, and completing their project. The Center strongly encourages the Board Fellow and the organization to discuss expectations at the beginning of their term. Students enrolled in BA 601, “Governance of Nonprofit Organizations” (Fall B semester) should expect to spend additional time preparing for and attending class. This class is strongly recommended as it provides an academic foundation for the Board Fellows program.
What is expected from Board Fellows?
- Attend all board meetings and serve on one board committee
- Complete a project or set of projects within the board and committee work that leverages your graduate-level skills
- Help with and attend special events
- Seek support and mentoring from a sponsoring board mentor and staff mentor
- Maintain consistent communication with mentors and the organization
What are the benefits of serving as a Board Fellow?
- Meaningful participation in the management of a nonprofit organization
- Professional knowledge and skills in board governance
- Skills for effective collaboration with community leaders
- Opportunities to integrate tools learned in the classroom with the board fellowship experience
- Receive academic credit for work as a board fellow by enrolling in BA 601 “Governance of Nonprofit Organizations”
Who should I contact with questions or concerns?
Please contact staff of Business+Impact at (734) 764-0382 or email firstname.lastname@example.org.