There is also federal legislation (the Sarbanes-Oxley Act of2002), which established anti-fraud requirements for boards of directors and officers of the corporation, and includes a provision that corporate officers are personally responsible to assure the completeness and accuracy of financial records. The president should be familiar withthese regulations. However, especially with a nonprofit, the articles of incorporation will include some provisions that are requiredby law to maintain the nonprofit status. The president should be familiar with, andand understand, all provisions of the articles of incorporation.

Traditional Duties of a Nonprofit President : Although a president is accountable to the board of directors, when it comes to the day-to-day running of the nonprofit organization, I bears the ultimate responsibility. The president is responsible to make sure that the other nonprofit officers (the nonprofit secretary, the nonprofit treasurer, and any vice-presidents) are fulfilling their duties. Other common duties of a nonprofit president include: Signature authority. The president has the authority to sign legal documents on behalf of the corporation. This includes the ability to sign corporate checks, although other officers may also have this power.

The president may participate in or lead short and long term planning for the organization. This includes developing programs to carry out the goals of the organization and overseeing the implementation of these programs. The president oversees fund raising operations and is also the organization’s chief fundraiser. This involves acting as the primary spokesperson for the organization, recruiting donors, and attending fundraising functions.
I act as liaison to the board of directors. The president is the primary liaison between the board and the organization’s staff members. This involves informing the staff of board decisions and plans, and keeping the board informed of the status of the organization’s finances, programs, etc. The president will also submit plans and budgets for board approval, and often presides over board meetings.

As the president of a nonprofit corporation I have overall responsibility for all aspects of the corporation’s business. Being familiar with the various state and federal laws, as well as the corporation’s articles of incorporation and bylaws, is essential to carry out the duties of the office.