Responsibilities of the Board
The Board of Trustees exists to secure and promote the financial, legal, and ethical well-being of Speed of Light – The ASTRO Foundation and to ensure that it fulfills its mission to accelerate bold and innovative ideas in radiation therapy.
As the highest leadership body of the Foundation and to satisfy its fiduciary duties, the board is responsible for:
- Determining the mission of Speed of Light – The ASTRO Foundation and understanding its collective purpose
- Strategic and organizational planning
- Ensuring strong fiduciary oversight and financial management
- Fundraising and resource development
- Approving and monitoring the Foundation’s programs and services
- Enhancing the Foundation’s public image
- Assessing its own performance as the governing body of the Foundation
- Ensuring legal and ethical integrity
Responsibilities of Individual Board Members
Each individual board member is expected to:
- Know the Foundation’s mission, policies, programs, and needs as well as understand its collective purpose
- Attend, prepare for, and conscientiously participate in Board meetings, including traveling to two in-person meetings a year
- Give an annual personal financial donation so that Speed of Light – The ASTRO Foundation is one of the top philanthropies that the Trustee supports
- Serve as active advocates and ambassadors for Speed of Light – The ASTRO Foundation
- Fully engage in identifying and securing the financial resources and partnerships necessary for the Foundation to advance its mission
- Leverage connections, networks, and resources to develop collective action to achieve the Foundation’s mission
- Help identify personal connections that can benefit the Foundation’s fundraising and reputational standing
- Participate in at least one Committee/Council
- Uphold the legal duties and laws regarding nonprofit governance
- Follow the organization’s bylaws, policies, and board resolutions
- Act in the best interests of the Foundation and its mission
- Sign an annual conflict-of-interest disclosure and update it during the year, if necessary, as well as disclose potential conflicts before meetings and actual conflicts during meetings
- Maintain confidentiality about all internal matters of the organization
Adapted from BoardSource
