Dr. Froswa' Booker-Drew is the CEO of Soulstice Consultancy, an organization dedicated to helping leaders with executive coaching, community engagement and culture development, as well as assisting nonprofits with board governance and capacity building.

Dr. Booker-Drew shares her insights on financial and risk oversight for nonprofit boards. From her perspective, this means being proactive rather than reactive, asking questions about financial management, ensuring the board has members with financial expertise, and integrating finances and risk into strategic planning.

She also shares real-life anecdotes and practical advice on fostering a culture of financial responsibility and risk awareness. We discussed the importance of intentional conversations about finances and risk, the right committee structure, and why finances and risk need to be part of board member orientation.

Stick around to the end to find out what advice Dr. Booker-Drew gives for using tools and resources to improve financial and risk oversight. 

Further resources on financial oversight and risk management for volunteer boards

You can find the financial oversight guide mentioned on the podcast along with other useful resources at www.boardeffect.com/leadingwithpurpose.