Welcome to Charity Navigator's Blog!

The team from Charity Navigator, the nation's largest independent charity evaluator and leading donor advocate, shares their thoughts on emerging nonprofit-sector issues and offers tips to better inform your intelligent giving decisions.

Monday, March 20, 2017

Charity Navigator Metric Mondays #12: Meeting Minutes

Today's Charity Navigator Metric Monday looks at an Accountability & Transparency metric: meeting minutes documentation.
Charity Navigator Metric Mondays #12: Meeting Minutes
It is critically important that an organization have a diverse, committed, and independent board of directors. However, just having a board is not enough; it is also vital that the board follow best practices of accountability and transparency. To that end, the IRS requires that organizations report whether they document their board meeting minutes.

This step ensures that there is a reference document for board decisions moving forward. Internally, such a document provides structure to decisionmaking and holds the board accountable for its decisions. Externally, it can be valuable to have an official record of decisions and the dates they were made.

Our analysts look at Part VI line 8a to see that an organization reports it documents board meeting minutes.

No comments: