It may be surprising, but nonprofit board members can be paid. It may make sense for large national institutions who have big endowments. Compensation can hold board members more accountable and increase diversity and inclusion, as this article by NEO Law Group submits. On the other hand, there are several cons including the questioning of the board's fiduciary responsibility to the nonprofit. For the vast majority of nonprofits that can't compensate board members, consider other tangible recognition methods such as awards, access to professional development, networking opportunities and public appreciation. |