CODE OF GOVERNANCE
1 April 2023 to 31 March 2024
Evaluation Checklist Lions Home For The Elders falls under the Advanced Tier that is applicable to large IPCs with gross annual receipts or total expenditure of $10 million or more.
Explanation
S/N Code guideline
Code ID
Compliance
(if Code guideline is not complied with)
Board Governance
1
1.1.2
Complied
Induction and orientation are provided to incoming governing board members upon joining the Board. Are there governing board members holding staff appointments? Staff does not chair the Board and does not comprise more than one third of the Board. There are written job descriptions for the staff’s executive functions and operational duties, which are distinct from the staff’s Board role. All governing board members must submit themselves for re-nomination and re-appointment , at least once every 3 years. If the charity has not appointed any governing board member to oversee its finances, it will be presumed that the Chairman oversees the finances of the charity. The Treasurer of the charity (or any person holding an equivalent position in the charity, e.g. Finance Committee Chairman or a governing board member responsible for overseeing the finances of the charity) can only serve a maximum of 4 consecutive years.
2
No
3
1.1.3
Complied
4
1.1.5
Complied
5
1.1.7
Complied
6
1.1.8
Complied
The Board conducts self evaluation to assess its performance and effectiveness once during its term or every 3 years, whichever is shorter. 7
1.1.12 Complied
8
Is there any governing board member who has served for more than 10 consecutive years? There are documented terms of reference for the Board and each of its committees.
No
9
1.2.1
Complied
Conflict of Interest
10
There are documented procedures for governing board members and staff to declare actual or potential conflicts of interest to the Board at the earliest opportunity.
2.1
Complied
Lions Home Annual Report 2023/24
17
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