[Source: Health Lawyers Weekly, October 19, 2007]
The Panel on the Nonprofit Sector has released Principles for Good Governance and Ethical Practice: A Guide for Charities and Foundations aimed at helping organizations strengthen their effectiveness and accountability.
The Guide describes six principles that all charitable organizations must take because they are required by law as well as 27 additional principles that charities should strongly consider based on their structure and purposes.
The 33 principles are organized under four categories: Legal Compliance and Public Disclosure; Effective Governance; Strong Financial Oversight; and Responsible Fundraising.
Read the Guide.
