OFN 2017 Board Elections

  • Lead the opportunity finance industry.

  • Vote in OFN's Board Elections.

 

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Overview

OFN Board members are passionate about OFN’s core mission, committed to our core values of justice and excellence, and determined to lead the opportunity finance industry in exciting, innovative new directions. Serving on the Board is a unique opportunity to help set the path for the opportunity finance industry’s future.

By requiring that two-thirds of the Board be elected by the Membership, OFN ensures that diverse perspectives and voices guide the industry.

In 2017, candidates for OFN’s Board will run for four seats. Read our Candidate Profile to learn more about this exciting opportunity to run or nominate someone for the Board.

We’ll update this page throughout the summer with information about OFN Board Elections. And follow us on Twitter, read our blog, like us on Facebook, and sign up to receive our emails for the latest about OFN’s 2017 Board Elections.

Board Elections Timeline

  • Nominations Open: June 15
  • Nominations Close: July 7
  • Campaign: August 24–September 27
  • Election Day: September 28 @ OFN Annual Conference, DC

Board Candidate Criteria

Prospective Board candidates must be on the staff or Board of an OFN Member organization and receive nominations from at least two different OFN Members to qualify as a candidate.

OFN expects Board Members to attend all Board meetings. The Board meets in person four times a year—usually once in Philadelphia; once in Washington, DC; once at a Member's site; and once—briefly—at the Annual Conference. The Board also meets by teleconference for time-sensitive decisions. Additionally, Board members participate on at least one—and often two—committees. Each committee meets regularly on a schedule it sets.

OFN seeks a Board with ethnic, racial, and gender diversity that reflects our Members' range of financing types and geographic reach. See our current Board Composition Matrix and Comparison Chart for demographic information about OFN’s current Board members and the Member organizations represented on the Board.

See our full Candidate Profile for more information about what the OFN Board seeks in Board members.

Nominations

Nominations for the OFN Board of Directors closed on July 7, 2017.

Nominees for the OFN Board must be on the Board or staff of an OFN Member organization and receive nominations from at least two OFN Member CDFIs to qualify as a candidate.

Read our Candidate Profile for more information about what criteria the OFN Board seeks in Board members. See the Board Composition Matrix and Comparison Chart for demographic information about OFN’s current Board members and the Member organizations represented on the Board.

Email Emily Tunney with questions.

Campaigning

The campaign begins August 24.

To help Members get better acquainted with the candidates and make an informed voting decision, OFN creates a Meet the Candidates web page including each candidate’s headshot, a short written statement about why he or she seeks to serve on the Board, and an optional campaign video. In addition, OFN conducts interviews with each of the candidates and publishes them on OFN’s blog through August and September.

During the OFN Annual Conference in Washington, D.C., OFN will provide candidates and voters with additional opportunities to engage before the election, which takes places September 28 during the Annual Membership Meeting. Each candidate must also make a brief statement before the Membership during the Annual Meeting.

VOTE!

Cast your vote on September 28 at the Annual Membership Meeting during OFN’s Annual Conference!

Proxy Voting

OFN Members who will not be attending the Conference can direct their proxy vote to Seth Julyan, Senior Vice President of Membership. Read our Proxy Voting Process for more information, or email Seth!

Voting Delegates

In accordance with our by-laws, OFN asks Members to identify their CDFI's Voting Delegate in advance of the Conference. The Voting Delegate is responsible for attending the Annual Membership Meeting and casting their vote on behalf of the Member organization.

Stay tuned for more information about identifying your organization’s Voting Delegate!

OFN’s bylaws require that the Board of Directors consists of at least 9 and no more than 16 Directors. The OFN Membership must elect at least two-thirds of the Directors. The Board may appoint up to one-third of the Directors. Currently, OFN has 12 Directors on its Board—10 elected, 2 appointed. Directors’ terms are limited to 2 consecutive 3-year terms, exclusive of partial terms.

The OFN Board appoints a Governance & Nominating Committee to oversee the election process. The Governance Committee is charged with recommending Board size and composition, prospective Board member criteria, and identifying, recruiting, and recommending a slate of candidates each fall at the Annual Membership Meeting.

Each Member CDFI must identify a Voting Delegate to attend the Annual Membership Meeting and complete the ballot on behalf of her or his organization. A voting quorum comprises one-third of the Members. Members who do not attend the Annual Meeting may vote by proxy.

Each Member may vote for candidates up to the number of vacant seats, with a maximum of 1 vote per candidate. The candidates who receive the most votes win.

The Governance & Nominating Committee announces the results of the election shortly after the election in person at the Conference and via email and social media communication outlets.

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