Recommended Governance Practices
Original Article by BoardSource, cited below
Summary by Simply the Basics
“Recommended Governance Practices,” provides a roadmap for having a strong Board of Directors, that comes from decades of doing research and working with Board leaders. Good indicators of a great board are being committed to continually approving, function well with the Executive Director, and are self aware.
3 Categories of your Roadmap:
Essential Practice: Allow you to function successfully
Leading Practice: Allow you to move towards board excellence
Compliance Practice: Recommended processes for compliance
Examples (included but not limited to):
Essential Practice
Meeting Attendance
Term Limits
Budget Approval
Recruitment
Leading Practice
Diversity and Inclusion
Consent Agendas
Executive Sessions
Bylaws Review
Personal Giving
Committees
990 Posting
Compliance Practice
Meeting Frequency
Executive Compensation
Document Destructive and Retention
Whistleblower Process
Review of 990 Forms
Written by BoardSource, continue reading the article for a breakdown of each, and more, of these steps towards board success.
“RECOMMENDED GOVERNANCE PRACTICES.” BoardSource, BoardSource, 7 Sept. 2018, https://boardsource.org/wp-content/uploads/2016/10/Recommended-Gov-Practices.pdf.