Grant Thornton has released a nifty report on board governance that is available free online.  Weighing it at just around 10 pages, with lots of helpful charts and graphs, it's relatively easy reading.

They surveyed 960 nonprofit organizations from a broad swath of the sector. The report looks at issues like board policy changes, committees, size of board, conflict of interest statements, whistle-blower policies, and audit issues.  It is fodder for a good discussion about issues every nonprofit board should be thinking about in this day of Sarbanes-Oxley and increased scrutiny of our sector. 

Of note, "a majority (54 percent) of not-for-profit organizations surveyed indicate that they made changes to governance policies in the last three years, "reflecting the increased need for governance and accountabilitymany organizations are experiencing."

Also, "While only 37 percent of survey respondents say they do perform [board] self assessments, this is an area that is beginnign to build momentum in the not-for-profit industry."

 

What did you think of this article?

Liked
Disliked
No Opinion