The Panel on the Nonprofit Sector developed these principles for good governance and ethical practice, which are designed to guide board members and staff leaders of every charitable organization as they work to improve their own operations.
Their purpose is to reinforce a common understanding of transparency, accountability, and good governance for the sector as a whole—Not only to ensure ethical and trustworthy behavior, but equally important, to spotlight strong practices that contribute to the effectiveness, durability, and broad popular support for charitable organizations of all kinds.
The Panel encourages the board and staff leaders of every charitable organization to examine these principles carefully and determine how best they should be applied to their own operations. Many organizations will find that they already follow—or go beyond—these principles.
See also the associated resource, The Principles Workbook: Steering Your Board Toward Good Governance and Ethical Practice.