Our current Board Treasurer is stepping down after seven years of service to BP3. We are seeking someone to fill this important position as soon as possible. They will sit on the Board, manage BP3’s annual budget of approximately $110k, administer fiscal matters (including state grants and corporate filings), allocate funds, oversee our bookkeeper, and ensure development and board review of financial policies and procedures. This position requires a commitment of approximately 10-15 hours per month. This is an excellent opportunity to serve our mission of bringing the teachings of the Buddha into California’s state prisons and local jails.
Buddhist Pathways Prison Project
Buddhist Pathways Prison Project is a California nonprofit corporation, comprised mostly of volunteers, whose mission is to bring the core teachings of the historical Buddha of non- harming, meditation, and wisdom into prisons and jails.
Through mindful awareness, incarcerated sangha (community) members gain the wisdom that fosters durable self-transformation and insight into the inner conditions that led to incarceration. Buddhist Pathways Prison Project (BP3) was founded in 2011 as a religious 501c3 nonprofit. Its main function is to maintain and support volunteers who offer Buddhist services, meditation instructions, and mindful movement on a regular basis to people inside prisons and jails throughout California. BP3 hosts a training retreat for volunteers every year. It also provides mileage reimbursement for volunteers and needed materials such as Buddhist books, meditation cushions, and yoga mats for its prison programs.
Our vision is to give the incarcerated people we meet the meditative practices and insights that allow them to live more peaceful, less stressful lives both inside the prison walls and once they are released.
Leadership, Governance and Oversight
The Board supports the work of Buddhist Pathways Prison Project (BP3) and provides mission-based leadership and strategic governance. While day-to-day operations are led by BP3’s Executive Director (ED), the Board-ED relationship is a partnership, and the appropriate involvement of the Board is both critical and expected. Board members have a legal and ethical responsibility to ensure that the organization does the best work possible in pursuit of its goals.
BP3’s Board members will serve a two-year term to be eligible for re-appointment. Board meetings will be held monthly (usually online) and committee meetings will be held in coordination with full board meetings.
Board members will consider BP3 a philanthropic priority and make annual gifts that reflect that priority.
So that BP3 can credibly solicit contributions from foundations, organizations, and individuals, BP3 expects to have 100 percent of its Board members make an annual contribution that is commensurate with their capacity. BP3’s current fundraising/giving goal for individual board members is a minimum of $1,500.
- Responsible for an annual budget of approximately $110k of which 22% is state grants (public funds), and 78% is donations and foundation grants.
- The Treasurer selects an accountant or accounting firm to perform the bookkeeping functions, including: accounts payable, payroll, accounts receivable, banking, donor receivables, general ledger, merchant account for donations, monthly close including bank reconciliations and preparation of the monthly financial statements.
- Ensures corporate filings including quarterly payroll reports are filed on time, payroll taxes paid, and annual state and federal tax forms filed on time.
- The Treasurer meets with the accountant monthly, reviews the monthly closing reports and reconciliations.
- The Treasurer prepares the Treasurer Report for the monthly board meeting.
- The Treasurer is responsible for contract administration and oversight for the state grants to ensure funds are being utilized in accordance with the contracts and that funds are utilized to fullest extent possible.
- Must be familiar with fund accounting to ensure that payroll and other expenses are correctly allocated to various funds based on an appropriate allocation basis.
- Responsible for corporate filings such as Statement of Information.
- Ensures that information on websites such as Network for Good and GuideStar are current and accurate.
- Ensures that accounting is always accurate and up to date, and that all records and documentation are audit-ready.
- Attends board meetings and advises the board of any financial concerns, priorities, and/or opportunities.
- Provides ad hoc reports to board when requested.
- Depending on the month, the position with all the accounting functions takes from 10 to 15 hours per month.
If you are interested in learning more about this opportunity to serve on the BP3 Board and feel you have the appropriate financial background to fulfill this critical role, please contact us at firstname.lastname@example.org.