Simply the Basics: The Nation's Premier Hygiene Bank

View Original

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:

  1. Essential Practice: Allow you to function successfully

  2. Leading Practice: Allow you to move towards board excellence

  3. 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.

See this gallery in the original post