Presented by Ministry Pacific Insurance Services
This webinar, presented by Max Herr, delves into the essential role of board training and governance within churches and nonprofit organizations. It examines the multifaceted responsibilities of board members, emphasizing the necessity for diligent oversight, adherence to compliance standards, and a thorough grasp of both the spiritual and business operations inherent in church management. Despite the voluntary nature of these roles, they encompass significant legal and financial duties that demand meticulous attention, training, and a proactive approach to leadership.
The session addresses common issues of dysfunction within nonprofit boards, attributing these challenges largely to insufficient training for these pivotal, yet unpaid, volunteers. Herr points out that while these individuals often enter their roles with noble intentions, a deficit in business knowledge and understanding of corporate compliance frequently leads to governance complications.
Exploring the dichotomy within churches, Herr discusses their spiritual objectives and their secular obligations as formal establishments. He stresses the critical need for clear, well-structured governing documents, such as bylaws and operational policies. These documents are crucial for defining the board's structure, powers, and duties, and require regular assessments and revisions to prevent misunderstandings and operational disruptions, which became particularly evident during crises like the COVID-19 pandemic.
Additionally, Herr highlights the indispensable role of board members in financial oversight, underscoring their fiduciary responsibilities that remain with the board and cannot be transferred to others. Throughout the webinar, real-life instances of governance failures are examined, illustrating the severe consequences of non-compliance with state and federal regulations and reinforcing the importance of sound governance practices.
By the conclusion of the webinar, participants are expected to acquire a more profound comprehension of the roles of board members and receive practical guidance on enhancing the effectiveness and compliance of governance structures within their organizations. Herr advocates strongly for church and nonprofit leaders to prioritize comprehensive training and allocate necessary resources to reduce risks and bolster their operational effectiveness, thereby ensuring that their organizations not only survive but thrive in their missions.
Who we are
Ministry Pacific is an insurance broker devoted to serving churches and charitable nonprofits.
We’re different from your insurer. As a broker, we help you evaluate policies from many insurers so you can choose the best one for your individual needs. We're not agents or employees of an insurance company. Instead, we work for you. As brokers we are free to explore creative solutions to your problems. We also assist you with claims when you need to file one with your insurer. Questions? Please contact us.