The Board shall annually budget funds to maintain and improve its governance capacity for effectiveness.
Specifically, the Board will allocate funds to:
- Provide education and training opportunities for the Board and individual members;
- Obtain outside monitoring assistance so the Board can exercise confident control over organizational performance. This includes the annual financial audit, periodic accreditation reviews, and other external assessments of operations;
- Undertake market and community research to identify changes in community needs and new opportunities to serve in accord with the interests and values of the Values Owners.
Adopted: October, 2007 | Modified: January, 2008 | Printed: January, 2013