|1. Laws and Regulations 2. Code of Ethics 3. Conflicts of Interest 4. "Whistleblower" Policy||
5. Document Retention and Destruction
6. Protection of Assets
7. Availability of Information to the Public
|8. Board Responsibilities 9. Board Meetings 10. Board Size & Structure 11. Board Diversity 12. Board Independence 13. CEO Evaluation & Compensation 14. Separation of CEO, Board Chair, & Board Treasurer Roles||
15. Board Education & Communication
16. Evaluation of Board Performance
17. Board Member Term Limits
18. Review of Governing Documents
19. Review of Mission and Goals
20. Board Compensation
|21. Financial Records 22. Annual Budget, Financial Performance, and Investments 23. Loans to Directors, Officers, or Trustees||24. Resource Allocation for Programs and Administration 25. Travel and Other Expense Policies 26. Expense Reimbursement for Nonbusiness Travel Companions|
|27. Accuracy and Truthfulness of Fundraising Materials 28. Compliance With Donor's Intent 29. Acknowledgment of Tax-Deductible Contributions 30. Gift Acceptance Policies||31. Oversight of Fundraisers 32. Fundraiser Compensation 33. Donor Privacy|
The Principles Guide
Principles for Good Governance and Ethical Practice: A Guide for Charities and Foundations outlines 33 practices designed to support board members and staff leaders as they work to improve their operations. We encourage staff and volunteers to examine the Principles carefully and determine how they should be applied to their organization.
The Principles Workbook provides further support for organizations committed to improving their governance practices by distilling the core concepts in each of the 33 principles, suggesting discussion points, and providing progress worksheets.Download The Workbook (PDF)
Principles for Good Governance and Ethical Practice: A Guide for Charities and Foundations Reference Edition includes legal background for each Principle, studies on self-regulation systems, and a glossary of terms.
The Final Report, which incorporated input from thousands of people across the charitable community through field hearings and national conference calls, proposes a carefully integrated package of actions from charitable organizations, Congress, and the Internal Revenue Service. It recommends more than 120 actions for charitable organizations, by Congress, and by the IRS, which together would strengthen the sector's transparency, governance, and accountability.
A Supplemental Report was released in April 2006 and focuses on nine areas, including international grantmaking and charitable solicitation. As with all of the Panel's reports, the more than 30 recommendations incorporated input from people across the charitable community.
Watch the video to learn more about the Principles for Good Governance and Ethical Practices.