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The SQUEAKY-CLEAN Foundation has announced a competition for nonprofit agencies. The agency with the best governance practices, which must be described in detail in no 4 – 5 pages, will win a $1 million no-strings attached grant. The agency can use the grant for any purposes consistent with its mission.
SQUEAKY-CLEAN has clearly stated that it is NOT interested in the type of services the nonprofit provides. The agency may describe the mission and services in ONE sentence, but not more. Any other discussion of the services in the memo submitted will disqualify the agency from the competition. The memo to the Foundation must be a maximum of 5 pages and must explain in detail how the agency is governed and why its governance systems work efficiently and keep the agency strong and well-financed.
Please submit a proposal to the SQUEAKY-CLEAN Foundation outlining what you believe to be the excellent governance practices and procedures in a hypothetical agency of your choosing. Explain why you believe these practices protect the agency from financial problems, prevent corruption and self-dealing by board and staff, and ensure that board members meet their fiduciary responsibilities and staff are treated with dignity and respect. Be sure to explain clearly what conflicts and risks the agency is seeking to avoid. The SQUEAKY-CLEAN Foundation understands that no agency is perfect, so you may include discussions in your memo of areas in which the agency is actively working to improve its existing governance systems.
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