The IDEAS Label attests to the quality of practices in governance, financial management and evaluation.
3 themes, 14 goals, 90 good practices
Governance
- Clearly defined and followed purpose and rules
- Well-functioning governing bodies
- Ensuring non-profit-oriented and transparent management, with appropriate oversight of revenue-generating activities
- A well thought out strategic plan
- An active risk management policy
- Talent management based on shared values
- Respect for donors, funders and partners
- Transparent communication
Financial management
- Proper financial records that reinforce the organisation’s image
- High quality, accessible financial information which is shared widely
- Robust tools for budgetary management
Monitoring & Evaluation
- A comprehensive monitoring system, including management accounting, project management, internal and external benchmarking
- Monitoring tools and software, including decision support
- A measure and assessment of effectiveness, efficiency and impact
What is IDEAS Institute ?
IDEAS Institute 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.