Legal Accountability and Transparency
As entities that serve the public, nonprofits and philanthropies have an ethical obligation to their constituents and the public to conduct their activities with legal accountability and transparency. Nonprofits and philanthropies should regularly and openly convey information to the public about their missions, activities, finances, accomplishments and impact, and decision-making processes. Information should be easily accessible to the public and should create external visibility, public understanding and trust in the organization.out challenging missions with limited resources and sometimes conflicting demands, in the midst of constantly evolving networks of organizational and personal relationships. Open and interactive leadership practices and organizational cultures strengthen the ability of nonprofits and philanthropies to interpret and adapt to opportunities in this shifting environment and to make the most effective use of the ideas and resources available in their organizations, networks and communities.