Nonprofit Governance
/ˌnɑnˈprɑfɪt ˈɡʌvərnəns/
Definitions
- (n.) The system of rules, practices, and processes by which a nonprofit organization is directed and controlled.
Effective nonprofit governance ensures that the organization adheres to its mission and complies with legal regulations.
- (n.) The framework through which nonprofit boards of directors oversee organizational performance, accountability, and ethical standards.
Strong nonprofit governance helps prevent fraud and mismanagement within charities.
Forms
- nonprofit governance
Related terms
See also
Commentary
Nonprofit governance is distinct from corporate governance mainly due to the mission-driven nature of nonprofits and their regulatory environment; drafters should address both compliance and mission alignment.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.