Center board structure and organization
Our Board of Directors consists of between 12 and 24 members that govern the Center. Members of the board serve staggered three-year terms. The board determines policy and overall direction of the organization at quarterly meetings.
An executive committee consisting of the president, vice president, secretary, treasurer, and two members elected by the board meets in conjunction with regular board meetings. In addition, the board establishes oversight committees to counsel staff on the implementation of the Center’s various programs.
About one-half of the board is farmers or ranchers. Others are small town business and working people including a small number of urban members with a strong interest in rural improvement. The board is self-selecting, and has made it a policy to provide the organization with a broad leadership base. Accordingly, it has recruited men and women from all regions of the state and people with diverse occupational backgrounds and personal perspectives.
The board has been conscious of the need to provide both continuity and new insight, and thus the bylaws require at least one new director be added annually. Director Emeritus status was established in 1990. We have three Emeritus directors at present.
The board plays an active role in the development of Center programs. Each board member serves on one of three program advisory committees that provide quarterly oversight of program activities and guide the annual planning process. Directors also serve on at least one of the institutional committees that discuss finance, nominations, media and communications, development, engagement, and constituency building.
Center for Rural Affairs Advisory Board members are recruited for their special backgrounds and insight into our program areas. They meet quarterly with the Board of Directors and Center staff.
Rural Investment Corporation
The Rural Investment Corporation is a subsidiary of the Center for Rural Affairs. The Rural Investment Corporation is a certified Community Development Financial Institution, or CDFI, dedicated to serving low-income individuals and communities that lack access to financial services from mainstream financial institutions. CDFIs offer loans for small and micro-sized businesses and provide services such as business planning and one-on-one counseling.
The Rural Investment Corporation Board of Directors, all volunteers, are chosen by the Center for Rural Affairs Board of Directors. Thus, the Center has full authority over the Rural Investment Corporation.
Granary Foundation Board
The Granary Foundation was created by the Center for Rural Affairs to serve the financial needs of the Center. It is a "support corporation," with the sole purpose of benefiting the Center for Rural Affairs.
The Granary Board of Directors has fiduciary responsibility for the Granary Endowment Fund. The Board of Directors, all volunteers, are chosen by the Center for Rural Affairs' Board of Directors. Thus, the Center has full authority over the Granary Foundation.