Good Governance Principles and Guidance for NFP Organisations
As part of our commitment to the Not-for-Profit (NFP) sector and its directors we have developed the Good Governance Principles and Guidance for Not-for-Profit Organisations (the Principles and Guidance).
The Principles and Guidance are designed to assist boards in determining what constitutes good governance practice for their organisations and to achieve better outcomes through good governance.
The consultation process
During development the Principles and Guidance were subject to a lengthy consultation. We consulted widely within, and outside of our membership. This consultation included:
- Committees and Division Councils
- Roundtables with NFP directors and representatives across metropolitan and regional Australia
- Online public consultation for all interested stakeholders
It was recognised throughout the consultation phase that the NFP sector is extremely diverse. In recognising this diversity we have tried to ensure that each Principle is not prescriptive and, most importantly, can be used differently as organisations mature and develop. They are not an attempt to formulate rules on what might constitute good governance practice for NFP organisations, or prescribe related behaviours and specific actions.
We would like to thank all of those who contributed to the consultation phase and assisted in developing this document.
How the publication can be used
The Principles and Guidance are designed to assist directors and boards in their conversation on good governance and how they can implement practical approaches in improving governance within their organisation.
Ten Principles - one way in which an organisation can use the Principles and Guidance is by focusing on the Principles one at a time over a series of board meetings. This format may be useful for organisations where directors are less experienced in governance or have concerns around particular issues.
Questions for Consideration - a key aspect of the Principles and Guidance are questions for consideration. The questions for consideration are designed to enable boards to consider the governance needs of their own organisations.
If you have any questions in relation to the Principles and Guidance please contact our NFP team on 02 8248 6600 or at email@example.com