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Board Fiduciary Excellence Series w/Sean Hale

May 4, 2023 @ 11:30 am - June 1, 2023 @ 1:00 pm

Board Fiduciary Excellence Series w/Sean Hale
5/4, 5/11, 5/18, 5/25 and 6/1

In this five-week series, you will dig deep on nonprofit financial best practices, learn to avoid pitfalls, and permit you to make a strong overall contribution to the organization they serve.

Join us and invite your colleagues!

Week 1: Core roles and duties

  • Legal requirements of all board members (quoting TX law)
  • Legal liability
  • Horror stories (Family Connections, my mom, etc.)
  • D&O Insurance
  • Treasurer role
  • Chair’s role
  • Finance Committee role (brief; more next week)

Week 2: Relationship with staff – getting it right; adding value

Board relationship with staff

  • Accounting and finance staff
  • Power dynamics and the importance of clear roles
  • Executive Director

Finance Committee Role

  • Adding value to the board
  • Adding value to the staff
  • Overperforming and underperforming

Week 3: Financial Reports

Why read the financial reports?

How to read the financial reports

  • Balance Sheet
  • Profit and Loss
  • Materiality (what to worry about and what not to worry about)
  • Dashboards
  • Inclusion
  • Engaging the full board in financial discussions

Week 4: Fraud prevention, audits; separation of duties

  • Internal controls
  • Separation of duties
  • Audit

Week 5: Bringing it All Together

Additional Tools, benefits

  • 1:1 Advisory: In addition to the in-class time, each participant will get a 25-minute 1:1 phone advisory session with Sean Hale.
  • Light weekly homework: Between each session we’ll have a light assignment such as a brief video (like the Little Table) or article. We’ll use this to reinforce key concepts and as a conversation starter the following week.
  • Written Resources: Each week we will provide one or more resources to attendees such as treasurer job descriptions, templates, readings and podcast recommendations to continue learning, etc. The resources will come from a combination of Sean Hale Consulting’s materials, online materials (e.g., Board Source), and the Nonprofit Austin archives.


May 4, 2023 @ 11:30 am
June 1, 2023 @ 1:00 pm
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