Description
Standards for Excellence 3.0
11 Leadership & Governance Part 5: Board Member Independence
11.1: Why Independence Matters
11.1.1: Commitment to the mission of the organization
11.1.2: Internal Revenue Service Guidelines
11.1.3: Private Inurement
11.2: To Pay or Not to Pay – that is the question
11.2.1: Current practices and opinions regarding paying board members for service
11.2.2: Equity and paying board members
11.2.3: The difference between paying board members for board service and for program delivery
11.2.4: Reimbursing board members for expenses related to board service
11.3: Monitoring Board Independence
11.3.1: Conflicts of Interest
11.3.2: Other Family Relationships
11.3.3: Other business interests
11.3.4: Gifts/no-gifts policy
11.4: Why board size matters
11.5: Handling employees on the board
11.5.1: Relatives and business associates in leadership position on the board
Selected Resources
Books and Articles
References
Websites
Attachments
Attachment 11A: Questionnaire on Family and Business Relationships and Interested Person Independence
Attachment 11B: Sample Section VII of the 990 with Officer Payments
