9. Governance principles:Principles of fairness, transparency, responsiveness, accountability, resilience, communication, and disclosure for public companies are also relevant to NPOs. Governance MechanismsThe corporate governance mechanisms of NPOs are different from those of public companies. The primary governance mechanisms of NPOs are their governing and advisory boards. The NPO’s internal control structure should also prevent and detect errors, irregularities, and fraud, particularly employee embezzlements.

10. Duties of the Board of Directors/Trustees 1.Duty of obedience 2.Duty of care 3.Duty of loyalty Board Committees1.Audit committee 2.Executive committee 3.Development/fundraising committee 4.Finance committee 5.Nominating committee 6.Program committee 7.Personnel committee