Governance and Related Topics – 501(c)(3) Organizations

The Internal Revenue Service believes that a well-governed charity is more likely to obey the tax laws, safeguard charitable assets, and serve charitable interests than one with poor or lax governance.
A charity that has clearly articulated purposes that describe its mission, a knowledgeable and committed governing body and management
team, and sound management practices is more likely to operate effectively and consistent with tax law requirements.

Source: IRS.Gov

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