Charity Navigator Metric Mondays #12: Meeting Minutes

Today's Charity Navigator Metric Monday looks at an Accountability & Transparency metric: meeting minutes documentation.

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.