best practices program


BEST PRACTICES PROGRAM

Objective: NAVREF’s Best Practices Program is a risk assessment and management resource designed to provide the executive director, board of directors and management staff of a VA-affiliated nonprofit research and education corporation (NPC) with tools to work toward implementing “Best Practices.”

Fundamental Components of Best Practices

Operational Management

Corporation is in compliance with federal and state requirements applicable to all nonprofits as well as requirements unique to the VA-affiliated NPCs.

Governance

Board of directors provides rigorous oversight of all NPC activities in the course of fulfilling its obligations of duty, care and loyalty.

Finance

Corporation has internal controls sufficient to ensure fiscal integrity.

Human Resources

Corporation has comprehensive human resource management policies and procedures consistent with federal, state and VA requirements.

Additional Resources

Some of the linked pages that comprise the NAVREF Best Practices Program provide sample policies and procedures. These are only samples and should be tailored for each NPC’s particular needs. Additional samples are provided on excellent web sites maintained by NAVREF members. See:

  • Atlanta Research and Education Foundation (AREF) www.atlaref.org
  • Seattle Institute for Biomedical Research and Education (SIBCR) www.sibcr.org
  • Veterans Medical Research Foundation of San Diego (VMRF) www.vmrf.org

Disclaimer

The NAVREF Best Practices Program is a good faith effort to provide useful information that meets the particular needs of the NPCs. However, each NPC is responsible for the policies it adapts and for compliance with state, federal and VA requirements. NAVREF strongly encourages its members to consult local experts - attorneys, accountants, and other professionals with particular expertise.

Pages in the Best Practices Program contain external links that are not the responsibility nor under the control of NAVREF. Therefore, NAVREF cannot attest to the accuracy, currency, or comprehensiveness of the information on any other site pages nor can NAVREF endorse any commercial products or services that might be mentioned on these sites.

 

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last updated: 01/31/08

 

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