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.