IDEAS Label testifies of the Good Practices of a nonprofit organization in three fields : the governance, the financial management and the action’s effectiveness.
These three fields
are broken down into several objectives
Governance
- A well-defined and monitored Project, a carefully-crafted middle-term strategy
- Disinterested management
- High-achieving governing and managing bodies
- Adequate procedures and controls to meet possible risks
- Respect of donors in communication and fund raising
Finances
- Regular, accurate book-keeping to give a genuine picture of the situation
- Readable, high-quality, available and widely-distributed book-keeping information
- A high-achieving, consistent and reliable budget-management tool
Action Effectiveness
- Performance piloting and assessment tools to help with decision making
- Regular benchmarking, emulation and pursuit of best practices
- Curbing of fund raising and operating costs, as well as surplus management
- Internal and external auditing to testify for the action’s genuineness and effectiveness
What is IDEAS Institute ?
IDEAS is a non-profit organization which aims to help charities and foundations sustain their development through best practices. The process leads to the IDEAS label, which recognizes the quality of governance, financial management and the action’s efficiency of nonprofit organizations. This label drives donors’ trust (philanthropists, sponsors and institutional actors) in the whole charity sector.