Presented to the Trenton Downtown Alliance
July 18, 2024
- Introductions (5 mins)
- Welcome from Greater Trenton (5 mins)
- Examples from Four Downtown Revitalization Orgs (20 mins)
- Shared Responsibilities (15 mins)
- How We Work Together (5 mins)
- Break (5 mins)
- Visualization Exercise (10 mins)
- What Board and Exec Director Can and Should Do to Ensure Success (20 min)
- One-Page Work Planning Exercise (20 min)
- Closing Thoughts (10 mins)
10 Board Responsibilities
- Determine the mission and vision
- Supervise the ED
- Develop and approve the budget; establish financial controls
- Raise and manage the money; approve contracts
- Understand all legal duties of all nonprofit corporations
- Plan for the future and evaluate the present
- Recommend names and orient new board members
- Advocate for the local program
- Monitor and grow the organization’s programs
- Support the Executive Director, evaluate regularly
What Board Can do to Ensure Success
- The importance of organizational stability and infrastructure for the new director’s success
- Financial planning and budgeting for the new director’s role
- A clear and focused work plan for the interim period
- Simplified job description
- Leverage the county executive’s support
- Utilize third places and regular meetups to foster increased engagement
- Position Trenton as a vibrant and attractive downtown destination
- Articulate a clear and compelling value proposition for the organization (for businesses, for property owners, for residents, for County government, for State government)