The BBB Wise Giving Alliance collects and distributes information on hundreds of nonprofit organizations that solicit nationally or have national or international program services.
Derived from the Greek word, kebernon, governance relates to steering, controlling, and exercising authority. The board of a nonprofit is vested with a role to govern the organization. This authority comes with the expectation to lead the organization by:
respecting all the laws
abiding by strict ethical standards
remaining fully accountable for its actions
Good governance constitutes the core of responsible stewardship. Good governance leads the organization to earn the public’s trust.
If a large volume of checks is received by the organization, a lockbox may be appropriate. Banks receive the checks directly and the deposit is made upon receipt.
