Housekeeping Information

1. Housekeeping Information Your Participation • Open and close your control panel • Join audio: • Choose “Mic & Speakers” to use VoIP • Choose “Telephone” and dial using the information provided • Submit questions and comments via the Questions panel • Note: Today’s presentation is being recorded and will be provided within 48 hours.

2. Strengthening New Jersey’s Education Foundations: A Presentation for the New Jersey Education Foundation PartnershipJune 7, 2016

3. About the CFEF and LEF Boards • The CFEF represents 61 local education foundations aligned with Florida’s county-wide school districts • 1,100 Board Members • 100% operate with committee structure • 80% of Board Members are from private-sector • 73% of board members participate in fundraising efforts • 30% have Governance Committee • 22% perform annual self-evaluation • 25% are completely volunteer-driven

4. Local Education Foundations: Relationships with School Districts Structure Matters

5. Local Education Foundations: Relationships with School Districts

6. Local Education Foundations: Relationships with School Districts How Do You Want To Have an Impact? • The “Checkbook & Cheerleader” • Interdependent Program-Focused • Independent Program-Focused • University Model as “Fundraising Arm” • R&D Approach: Leveraging the “Pimento” • Catalyst for Change

7. Local Education Foundations: Relationships with School Districts

8. Local Education Foundations: Relationships with School Districts Questions?

9. Who’s On Board? Recruiting the Right Board Members

10. Who’s On Board? Recruiting the Right Board Members Answer using your Questions Panel: For your foundation, what characteristics does the perfect board member candidate possess?

11. Who’s On Board? Recruiting the Right Board Members Three types of board diversity: • Expertise • Demographic • Role Workers Wealthy Wise Wallop!

12. Who’s On Board? Recruiting the Right Board Members • List people you would like to have on your board but would likely decline • Invite to lunch meeting to suggest people who can help your foundation • Follow-up with suggested names

13. Who’s Staying On Board? Keeping the Board Engaged Answer using your Questions Panel: What keeps you/your board members engaged and excited about serving your foundation?

14. Who’s Staying On Board? Keeping the Board Engaged • Board members need to: • Understand and be passionate about the mission and vision • Receive and understand information in timely manner • Be recognized for what they do “Fuzzy expectation are the enemy of a strong board.” “…more board members resign for lack of meaningful work, than from being overworked!”

15. Who’s Staying On Board? Keeping the Board Engaged • Board Member Agreement • Meeting attendance requirements • Giving and fundraising expectations • How noncompliant members will be managed • Relationship between staff and board • Staff vs board member roles • Role of individual member vs the collective board

16. Who’s Staying On Board? Keeping the Board Engaged • Tips: • Orientation • Consider assigning mentors • Give tours of programs • Have treasurer/fiscal staff review financial documents • Add photos/bio to board roster • At events, call out attending board members and noteworthy contributions

17. Who’s Staying On Board? Keeping the Board Engaged • Tips: • Run efficient/effective meetings • Send reports (including committee reports) out in advance • Start and end on time • Include Mission Moment • Offer training on mission-related topics • Include standing time for Superintendent/School Board member to report/check-in

18. Who’s Staying On Board? Keeping the Board Engaged • Are you speaking the same language?

19. Where Are You Going? Goals and Planning • “If you fail to plan, then you plan to fail.”

20. Where Are You Going? Goals and Planning Is your foundation guided by an active, current strategic plan? YES NO (if you don’t know, it’s a NO!)

21. Where Are You Going? Goals and Planning • Planning is a key board responsibility • Main purpose of planning is to stimulate strategic thinking

22. Where Are You Going? Goals and Planning • Successful strategic planning: • Leads to action! • Builds shared vision • Is inclusive and participatory • Provides a road map • Is key to effective leadership, stewardship and management

23. What’s Keeping You Together? Governance “The strongest organizations almost always have the strongest boards.” “…69% of nonprofit directors say their organization has faced one or more serious governance-related problems in the past 10 years.” --2015 Survey on Board of Directors of Nonprofit Organizations, Stanford Graduate School of Business

24. What’s Keeping You Together? Governance • Governance Committee is responsible for health and function of the board, including: • Analyze board composition • Identify/recruit prospective directors • Develop board position descriptions • Provide orientation for new directors • Act as nominating committee • Suggest bylaws amendments • Organize annual board retreat • Recommend governance policies to board

25. What’s Keeping You Together? Governance • Board Assessments: • Ask “How can we do better?” • Reinforce expectations • Assess performance against expectations • Identify strengths and weaknesses • Determine priority of improvement efforts

26. What’s Keeping You Together? Governance • Benefits of Board Assessments: • Kick-off board development and increase buy-in • Creates a culture of learning and improvement • Determine priority of improvement efforts

27. Issue Paper—Strategies for Local Education Foundations: Building and Maintaining a High-Performing Board

28. Questions?

29. Resources www.blueavocado.org www.boardsource.org www.compasspoint.org www.councilofnonprofits.org www.energize.com www.leadstrat.com www.loringsternberg.com www.managementhelp.org www.nhnonprofits.org

30. Mary Chance, President marychance@cfef.net Office: 352-338-0250 Tracy Burger, Associate Director www.educationfoundationsfl.orgtracyburger@cfef.net