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2024 Not-for-Profit Governance Principles – Third Edition
The Principles have been updated from the previous 2013 and 2019 editions to reflect the evolving governance environment including heightened board focus on organisational culture, stakeholders and sustainability.Structured to provide clarity and actionable insights, each Principle is presented as a chapter that comprises key points, director questions, case studies, and links to additional resources.
About the Principles.
The Principles provide a detailed, practical and principles-based framework to help not-for-profits to achieve good governance. The development of the Principles has been informed by detailed consultation with the not-for-profit sector.
Our Commitment
We established the Not-for-Profit Governance Principles as part of our commitment to promote good governance in the sector.
Reporting to Stakeholders
We encourage NFP boards to assess how their governance practices align with the Principles and consider reporting on this to stakeholders.
Formed by Experience
The Principles draw on the insight of seasoned directors, executives, their advisers and the broader not-for-profit sector.
Acknowledgement
We acknowledge the Traditional Custodians of the Lands on which we are located and pay our respects to Elders, past and present. We recognise First Nations peoples' cultural and spiritual relationships to the Skies, Land, Waters, and Seas, and their rich contribution to society.
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