There is no down side. You pay only if you like the candidate we send you enough that you vote them onto your board…otherwise you pay nothing. When we send you a candidate’s resume, you will have the opportunity to review it and then let us know if you would like to open up a dialogue with that candidate to see if there is a mutual fit.
BoardAssist typically sends a very limited number of candidates. Historically the response from our nonprofit clients is, “how quickly can we get this person over here for an interview?” Our clients almost always want to meet the people we send them and almost always choose to invite them onto their boards. We are very focused on only sending you candidates who we think will use your time wisely because they would make such great matches.
BoardAssist has over 20,000 board candidates in our database. When a candidate tells us they are interested in board service, they then go through a lengthy process with us where they tell us about their areas of interest, how much time and money they can commit, etc. We work closely with our candidates to help them sort through the many nonprofits who have approached us for a board member. The only resumes you will see are resumes of people who have committed to meet the financial commitment you specified to BoardAssist and are very excited about your mission. In other words, this is not someone who has merely said, “I’m interested in a nonprofit board because I want to give back,” but someone who has said, “I’m interested in precisely what XYZ nonprofit does.”
Yes! Many of our clients come to us because they have been inundated with board ideas that were a waste of their time. Our goal is to find only those candidates for you who will join your team and make a difference. We’re very proud that 92% of our candidates are serving as leaders within 12 months of being placed on a board.
No! That has not been our experience. In fact, we find more sophisticated candidates understand clearly where the board/staff line is and don’t cross it. Because most of our candidates attend lots of “for profit” board meetings as a routine part of their day, they understand clearly where the board/staff line is and rarely cross it. Our candidates are willing to roll up their sleeves and help the team whenever they can, but one of the biggest compliments we routinely hear here at BoardAssist is, “thank you so much for sending me the only board member on my board who understands where the line is between my job and theirs.”
Absolutely! BoardAssist’s candidate base is highly diverse because our candidates come primarily from the financial services sector and this sector in NYC is made up of a diverse group of people. We are happy to work with you to find people who will be able to relate to whatever consumer base you are serving.
BoardAssist charges a modest placement fee for each board member we successfully identify for you. This fee is earned once a candidate is voted onto your board; payment is expected within 10 days thereafter. There is no fee if we are unsuccessful at identifying a candidate you choose to elect to your board. Our fee essentially “comes out” of the financial commitment our candidate makes to you. In other words, our nonprofit clients should always be ahead for the year financially after paying our fee, there should be no real “cost” to using our services. In some cases, our nonprofit clients will ask their new board member to pay their “board dues” the day they are elected to the board. From these dues then, our fee is paid. Other clients will pay our fees, within 10 days, but allow new board members to donate over the course of the year.
Our fee is based on the total financial commitment expected of a new board member, when you add together the personal commitment expected plus what you anticipate they will “get” from others. Please see below for more specifics:
For nonprofits with an expected financial commitment of less than $4000 a year: $1000/placement
For nonprofits with an expected financial commitment of $4000 a year or more: 25% of expected first year financial commitment
Read our Top Ten Questions to Ask when Choosing a Board Recruiting Service. Choosing a board recruiting service is important. We hope our questions help guide you with this critical decision.
Our Top Twelve Tips for Courting New Board Members lists some of our best ideas. Hopefully it will give you some inspiration and lead to a higher success rate.