I was asked to serve on the Board of Directors for the Houston Chapter of a charitable organization that is near and dear to my heart (the foundation fights for a cure for a disease that killed my best friend) Anyone here ever done something like this? I'm a little concerned because I think they expect a fairly substantial sum of cash, and between tithing, house payment, and student loans, sweat equity is pretty much what I have to offer.
-
Jesus wants me for a sunbeam.
"Cog dis is a bitch." -James Patterson -
I've been on BoDs twice and am in the process of a third time. In my very limited experience it would be uncommon for them to name you to the Board and then ask for a cash doation. My experience has been all 501 c3, btw.Fitter. Happier. More Productive.
sigpic -
Yes, this is my experience with board seats and 501(c)(3) organizations as well. In every case they have asked for a cash donation at some point. In one case they even stated a minimum amount.Originally posted by TripletDaddy View Post"If there is one thing I am, it's always right." -Ted Nugent.
"I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
"Yet I still see wisdom in that which Uncle Ted posts." -creek.
GIVE 'EM HELL, BRIGHAM!Comment
-
I would be surprised if they don't expect some financial help - though for some organizations it is using you as a resource to reach others as much or more than giving the cash yourself.
Meaning that they may have fundraisers that they expect you to get people to attend. Fill a table at a breakfast or lunch, fill a foursome at a golf tourney, bring bidders to an auction, etc.
So they may want your cash. Or they may want the cash of your friends and aquaintances.
(Of course, even if they want your friends' cash - I don't think they would decline if you offered some of your own too.)Comment
Comment