ABSTRACT

This chapter discusses the key aspects of accountability in relation to the public policy contribution of Not For Profit Organizations (NFPOs). Accountability provides a lens through which we can gain insights into governance of nonstatutory contributions to governments public policy objectives. A review of accountability frameworks for NFPOs observed that there are very few critical eyes looking from the outside; no shareholders, stockbrokers or specific government watchdogs. Many of the entities involved do not operate in the market sector and many of their activities would not be undertaken by the for-profit or government sectors. This is either due to the traditional allocation of government funding to NPFOs or because the funding for service delivery is insufficient and inherently unprofitable. Characteristics of good Not For Profit (NFP) governance which includes a focus on meeting member and stakeholder expectations through accountability, transparency, and disclosure.