Learn Practice Element 3A2a: Reviewing and Approving an Annual Budget
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About This Course
Land Trust Standards and Practices Practice Element 3A2 on board oversight, includes five elements. This module addresses the first element, 3A2a: Reviewing and approving an annual budget.
Membership Required
This resource is a Land Trust Alliance member benefit for the staff, board and volunteers of land trust and affiliate member organizations, and Alliance donors at the Protector level.
Learn Practice Element 3B3: Establishing a Board Development Process
Land Trust Standards and Practices, Practice 3B: Board Composition and Structure, includes five elements. This 15-minute module covers the third element:
3. Have a board development process that includes procedures for recruiting and training board members
Learn Practice Element 3B1: The Ideal Board
Land Trust Standards and Practices, Practice 3B. Board Composition and Structure, includes five elements. This module addresses Practice 3B1: Have a board of sufficient size, skills, backgrounds and experiences to conduct its work effectively
Learn Practice Element 3A2c: Reviewing Financial Reports
Land Trust Standards and Practices Practice Element 3A2 on board oversight, includes five elements. This module addresses the third element, 3A2c: Receiving and reviewing financial reports and statements.
Sample for Practice 3C: Operations Manual
This is an operations manual from the accredited Leelanau Conservancy.
Learn Practice Element 3A2d: Reviewing External Audits
Land Trust Standards and Practices Practice Element 3A2 on board oversight, includes five elements. This module addresses the fourth element, 3A2d: Reviewing the externally prepared financial audit, review or compilation.
The Work of the Board and Its Members
Learn Practice Element 3A2b: Ensuring Sufficient Financial Resources
Land Trust Standards and Practices Practice Element 3A2 on board oversight, includes five elements. This module addresses the second element, 3A2b: Working to ensure that sufficient financial resources are available.
Sample for Practice 3C: Board Report Dashboard
This is a dashboard reporting form for boards from the accredited Carolina Mountain Land Conservancy.
Sample for Practice 3C: Board of Directors Interest and Nomination
This is a Board of Directors interest and nomination form from the accredited E.L. Rose Conservancy of Susquehanna County.
How Much Do Organizations Need to Keep in Operating Reserves?
One size does not fit all when it comes to operating reserves. Despite the importance of the issue, there is no simple formula or benchmark. To answer the question of “how much,” an organization must examine revenue streams and spending levels.