Good Governance Checklist – TANS

Good Governance and Risk Management Policies for Non-Profit Organizations

  • Developed and implemented a conflict of interest statement.
  • Developed and implemented a whistleblower policy.
  • Developed and implemented a public records policy.
  • Developed and implemented an audit/audit committee policy.
  • Developed and implemented a document retention and destruction policy.
  • Developed and implemented a compensation policy.
  • Developed and implemented an anti-trust avoidance statement.
  • Purchased directors and officers insurance.
  • Purchased general liability insurance.
  • Purchased event cancellation insurance.
  • Annual leadership review and presentation.
    • Educate Board of Directors on duties and responsibilities.
    • Educate Board of Directors on job descriptions of all board positions.
    • Educate Board of Directors on the association’s policies.
    • Educate Board of Directors on the association’s finances.
    • Educate Board of Directors on the association’s insurance coverage and the federal volunteer statute (including what would disqualify them from coverage.)
  • Disseminate updated bylaws to the Board of Directors annually.
  • Disseminate an organizational chart to the Board of Directors annually.
  • Conduct annual review of strategic plan, including review of mission and vision statements.
  • Update list of Board of Directors and Officers annually.