
The Standard
A community foundation’s governing body ensures adequate human and financial resources and actively monitors and evaluates the organization’s chief executive officer.
Underlying Rationale
An adequate supply and the effective deployment of resources, including the CEO’s time and priorities, are essential to properly serving the community.
Potential Outcomes
- The ability to fulfill the foundation’s legal and stewardship responsibility.
- The governing board’s and management’s goals are in alignment.
- The CEO and the board regularly receive information and feedback to assist them in their efforts to achieve peak performance.
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