Governance Committee (contact)
The Governance Committee assists the Board and the governing bodies of the Neighborhood Organizations (NOrgs) in fulfilling their respective fiduciary duties. The Governance Committee’s specific responsibilities include: 1) developing and overseeing ONE-PS’s policies related to governance matters, including reviewing them biennially and recommending revisions, 2) reviewing biennially and recommending revisions to the ONE-PS Articles of Incorporation and Bylaws and the template Articles of Incorporation and Bylaws of the NOrgs, 3) ensuring compliance with the ONE-PS Articles of Incorporation and Bylaws and applicable federal, state and local tax and legal requirements, 4) assisting the Board and the Standing Committees on ONE-PS’s contractual and insurance arrangements, 5) working with the Neighborhood Formation and Support Committee, assisting the NOrgs in complying with their Articles of Incorporation and Bylaws and applicable federal, state and local tax and legal requirements, 6) working with outside legal counsel as needed to carry out the above responsibilities, and 7) assuming budgetary responsibility for ONE-PS’s legal and filing fees, insurance premiums and other costs to ensure its compliance.
The Governance Committee assists the Board and the governing bodies of the Neighborhood Organizations (NOrgs) in fulfilling their respective fiduciary duties. The Governance Committee’s specific responsibilities include: 1) developing and overseeing ONE-PS’s policies related to governance matters, including reviewing them biennially and recommending revisions, 2) reviewing biennially and recommending revisions to the ONE-PS Articles of Incorporation and Bylaws and the template Articles of Incorporation and Bylaws of the NOrgs, 3) ensuring compliance with the ONE-PS Articles of Incorporation and Bylaws and applicable federal, state and local tax and legal requirements, 4) assisting the Board and the Standing Committees on ONE-PS’s contractual and insurance arrangements, 5) working with the Neighborhood Formation and Support Committee, assisting the NOrgs in complying with their Articles of Incorporation and Bylaws and applicable federal, state and local tax and legal requirements, 6) working with outside legal counsel as needed to carry out the above responsibilities, and 7) assuming budgetary responsibility for ONE-PS’s legal and filing fees, insurance premiums and other costs to ensure its compliance.