New AICD Not-for-Profit Governance Principles

18 April 2024

The AICD have release a new and update set of AICD Not-for-Profit Governance Principles. This revised edition of reflects changes which have occurred in the sector since they were first released, more than a decade ago in 2013, and revised in 2019.



The Principles have been refined; ten principles have been consolidated into eight, they are:



Principle 1 – Purpose, vision, and strategy
Principle 2 – Roles and responsibilities
Principle 3 – Board composition and effectiveness
Principle 4 – Risk management
Principle 5 – Performance and accountability
Principle 6 – Stakeholders
Principle 7 – Sustainability
Principle 8 – Organisational culture

Each principle is presented as a chapter that comprises key points, director questions, case studies and links to additional resources. The Principles are accompanied by a concise small NFP governance checklist, as well as a brief snapshot of the overall Principles and a targeted resource on how to elevate the client voice into decision-making.



The AICD is also hosting a complimentary webinar to launch the new Principles and discuss how they can be applied to organisations. The webinar recording will be made available following the event on 19 April.

Catch up on our latest blog posts and articles:

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