Carmichael Centre Good Governance Awards for Community,Voluntary and Charitable organisations
What are the awards?
The Good Governance Awards recognise, support and encourage adherence to good governance practice by community, voluntary and charitable (CVC) organisations in Ireland. The 2017 Good Governance Awards have been developed by the Carmichael Centre with the support of the Irish Charities Tax Reform (ICTR), Volunteer Ireland, The Wheel, Davy and Mazars Ireland.
In this inaugural year the Good Governance Awards seek to acknowledge, encourage and promote good governance practice and will recognise and provide practical examples to other organisations as to what an excellent or very good directors’ report & financial statements looks like.
As such, the Good Governance Awards aims to support and encourage the CVC sector to use their annual reports and financial statements to showcase their embracement of and adherence to good governance.
Governance extends far beyond board composition and the frequency of board meetings. It is intrinsic to an organisation’s culture, its people, how it operates and is recognisable in its public face. Good governance is about being transparent and open, it encourages trust in and relationships with an organisation. As the CVC sector works for the public benefit it needs to be in a position to demonstrate good governance.
The inaugural Good Governance Awards recognises excellence in the area of the annual report. It should not be taken that these awards imply a wider compliance of Good Governance practice by any of the winners or shortlisted entries. An organisation’s Annual Report and Financial Statements is just one aspect of good governance and there many other practice areas that an organisation needs to comply with if it is to achieve an excellence standard in good governance.
The annual report represent a real opportunity for organisations in the CVC sector across Ireland to showcase its transparency and trust by outlining its performance, governance, culture and financials. An annual report can provide a comprehensive picture of a CVC organisation, as well as its achievements and future plans rather than meagrely meeting minimum compliance requirements. An annual report serves to reinforce relationships with stakeholders and build relationships with the public, potential donors, volunteers and supporters.
Good governance promotes compliance with the law and has a strong bearing on the organisation’s effectiveness in achieving its mission. It is at the heart of an organisation’s success. The Carmichael Centre Good Governance Awards focus on the information in CVC organisations’ annual reports and accounts which underlines the important connection between good governance and accountability.
The Carmichael Centre Good Governance awards will initially focus on annual reports, examining how they demonstrate adherence to good governance. Over time it will also include demonstration of good governance on an organisation’s website and other potential areas.
The Governance Code for CVC organisations (the Governance Code) will provide the framework for assessment. A panel of judges with appropriate experience and expertise has been established to adjudicate shortlisted entries and select the winners. The awards will be adjudicated based on a desk based evaluation with a screening, shortlisting and judging process. It will be based on the information published in the annual reports & financial statements. There will be an award for the best volunteer only (Type A) organisation, small (Type B) organisation and large (Type C) organisation, as defined and described in the Governance Code. The award for Type C will be further sub-divided into organisations with an annual turnover under €500,000 and annual turnover of more than €500,000.
Organisations will be able to self-nominate or be nominated. A dedicated website www.goodgovernanceawards.ie will act as a central hub. It will outline the entry criteria and categories, the panel of judges and guidance on how to take part.
The winners will receive their award at a special event with invited guests which will feature a high profile speaker. The awards event will be hosted by the Royal College of Surgeons on the evening on 18th October.
The submission of entries is straightforward and is done through the good governance awards website.
To enter, the organisation must meet the following entry requirements;
- The organisation must be an Irish (i.e. its registered head office is in the Republic of Ireland) not-for profit organisation with social purpose objective. It can be any one of the following organisation types;
- Incorporated organisation – Company Limited by Guarantee
- Registered Charity
- Un-incorporated organisation, – community/voluntary group or association
- Social Enterprise.
- A signed copy of the organisation’s most recent Annual/Directors’ Report and Financial Statements – for 2015/2016 must be submitted in .pdf or .doc file format before the closing date of the 16th of September 2016.
- No other additional supporting documentation is required or will be assessed.