(250) 465-1245 colin@governance.ca

Governing Principles

How does a board decide what is acceptable for it to do and what is not? The answer is “governing principles.” But what are governing principles? Governing principles are the rules a board develops and agrees upon to guide and control how it will govern. They are...

Reflect – then move forward

Know your not-for-profit organization’s priorities Like all of you reading this, I’ve had to adapt significantly to the new environment. Some of the adjustments have been easy and some, well, not so much. However, from a business perspective, it has been a positive...

What is a Fiduciary?

The moment you become a board director you become a Fiduciary and take on a host of legal obligations, duties and liabilities. A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties. The legal system recognizes a...