Governance of non-profit associations represents the organizational and administrative framework that ensures transparency and efficiency in the association’s operations, achieving its objectives in compliance with local laws and regulations. Governance rules aim to regulate the relationship between members, the board of directors, and regulatory bodies, ensuring decisions are made fairly and responsibly.
The governance rules include defining the administrative structure, duties and responsibilities of board members, decision-making mechanisms, internal control systems, and financial disclosure and accountability procedures. They also aim to strengthen trust between the association, its members, donors, and partners, ensuring optimal use of resources to achieve the association’s objectives.
Following these rules helps associations minimize legal and administrative risks, improve institutional performance, and ensure the sustainability of their programs and projects, ultimately benefiting the community.