- A nonprofit should have clearly defined, written mission, vision, and value statements that guide the overall aims and activities of the organization.
- A mission statement
is a succinct expression (3-4 sentences) of an organization’s core purpose: what you do and why. It focuses on the present.
- A vision statement
briefly expresses an organization’s aspirations: where it sees itself in the future.
- A value statement affirms the principles that underlie all organizational activities.
- Originally defined by its incorporators or its initial board, a nonprofit’s mission, vision, and value statements should be periodically reviewed by the board to consider societal and community changes. This review should determine whether these statements are still relevant, and/or whether they should be adapted to address evolving needs of its target constituents and the community at large. The board of directors and the staff should be able to articulate a shared vision for the organization that can guide the establishment of goals and objectives.
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