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After a series of planning meetings and discussions
with leaders in the sector, the Donors Forum board of directors created
the Preserving the Public Trust Initiative and convened the Public Trust
Task Force in mid-2004.
The 29-member task force represented Illinois
philanthropic sector, and was charged with developing a set of guiding
principles and best practices for nonprofit organizations in Illinois.
The result of their work is the Illinois
Nonprofit Principles and Best Practices, ten principles that address
mission, governance, legal and regulatory compliance, and responsible
stewardship of resources.
To develop these principles, listening sessions were
convened throughout the state (in Peoria, Springfield, East St. Louis,
Rockford, Chicago and Chicago suburbs) to solicit feedback and to
determine what tools would be most useful for implementing the practices.
Initiative Supporters and Task Force Members
The Initiative received leadership
and support from nonprofit and foundation professionals throughout
Illinois.
National Efforts
The Preserving the Public Trust Initiative is part of a national effort
to improve nonprofit management and governance. For more information
on national efforts, go to:
- Panel
on the Nonprofit Sector
- Convened by Independent Sector, the panel submitted
to the U.S. Senate recommendations to improve governance, ethical
conduct and oversight of the nonprofit sector.
- Council
on Foundations
- Developed stewardship principles for corporate grantmakers
and family foundations.
- BBB
Wise Giving Alliance
- Offers an evaluation and accreditation program for
nonprofits.
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