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This is the fundamental legal, or statutory, duty of board members. It is called the duty of loyalty, or more commonly, the fiduciary duty. “Fiduciary” is an old English word...

Does your organization have one finance committee that carries out all of the duties associated with financial oversight? Or do you have separate finance, audit, and investment committees?

Developing and adopting a written financial policy is a valuable practice for any nonprofit organization, regardless of its size. Financial policies clarify the roles, authority, and responsibilities for essential financial...

The Chartered Accountants of Canada recommend the following questions be used by a Board of Directors in reviewing their financial statements.

Welcome to the Board. You'll be attending meetings where nearly every call for action will begin with the phrase, "I make a motion ... "

Successful organizations are characterized by strong chief executive–board chair partnerships — partnerships founded on respect and trust and focused on serving as each other’s sounding board, as each other’s champion…and,...

In a regional webinar on good governance, the chief elected president said, “Bob taught us these practices years ago. We adopted them and now have a more efficient board.”

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Your mission and values should guide all your decisions and how you maintain relationships with each other. It’s especially important that equity and inclusion remain priorities; even when making quick...

Guide

Work Sheet

The concept of board governance is vague. Directors may find themselves on boards, but their knowledge of good governance is limited. This guide offers smart practices and takes governance from...

Organizations develop guiding principles from inception. Founding leaders instill their values. Through time, culture, and environmental changes, the ideals evolve.

Because meetings depend on interaction among people with different values, perspectives, and communication styles, it is almost inevitable that conflict will sometimes occur.

A guide to the origin, purpose, and application of seven governing documents for exempt organizations in the USA, listed in order of hierarchy.

The topic of Indigenous mobilization has resulted in decades of studies that show that little has been done to address why Indigenous people are choosing to relocate to urban areas,...

BC Housing considers the needs of all municipalities in the province during deliberations on the location of new affordable housing projects. The objective of such broad-based decision-making is to ensure...

Work Sheet

Whether seeking directors for the board. Volunteers for the committee or industry leaders to serve on allied boards; the critical step is to ask. Nearly every volunteer member who flattered...

There is no single method for conducting a chief executive assessment; however, boards and chief executives are more likely to find the assessment constructive if it is implemented in a...

Last year, I cringed when I was asked to serve on a committee. Before I said "yes," I was determined to learn how to be a good committee member. You...

Planning a retreat is an important activity for every organization. During the retreat, enthusiasm builds for new programs and growth schemes.

Below are some guidelines on the significance of income limits to your HDFC. Note: any figures quoted regarding the current AMI are from 2005.