Good governance supports strong outcomes

The start of a new year is the perfect time to raise the bar for good governance in the not-for-profit sector, especially with the help a number of great resources now available.

Good governance supports strong outcomes

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Not-for-Profit Governance Principles

The Australian Institute of Company Directors (AIDC) has updated their Not-for-Profit Governance Principlesas part of its commitment to promote good governance in the NFP sector, and in recognition of increased media and public scrutiny of NFPs, and the need to meet changing community expectations regarding the sector’s governance. The revised edition reflects the changes to the sector caused by regulatory reform, disruption to funding patterns and an increasingly complex operational setting.

The Principles, which is scalable to both large and small NFPs, comprises 10 individual principles accompanied by supporting practices and guidance, and comes with an easily digestedSnapshot. The document is aimed at directors and executives, but other people involved in the governance of NFPs such as managers, staff and members may also find it useful.

Online versions of the Principles and a suite of tools and relevant content are available at:

https://aicd.companydirectors....

Further NFP resources, including director tools are available at companydirectors.com.au/resources/not-for-profit-resources

The Institute of Community Directors

The Institute has a wide range of tools and resources as well as a policy bank to help organisations with draft policies as well as governance issues.

Tools and resources: www.communitydirectors.com.au/icda/tools/ 

Policy bank: www.communitydirectors.com.au/icda/policybank/

These policies are free for any not-for-profit organisation to download and use, so long as it is for a non-commercial purpose and that the organisation is not paying a consultant to carry out this work.

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