Society Governance Structure
The Society is governed as a not for profit organization constituted in accordance with the Statutes of the British Columbia Societies Act. The Board of Directors is elected from within the Society membership and is responsible for the administration of the Legacy Fund as outlined by the Society Constitution, Bylaws and its policies and procedures.
The Board is responsible for the governance of the organization and the regular assessment of its effectiveness in a “results-based” approach establishing general direction, defining concrete objectives and monitoring/auditing results. The law considers a society to be an entity that is separate from its members.
The Board focus is on mission, values, objectives, strategic planning, effective achievement of goals and efficient utilization of resources.
The Executive Director is responsible for the day-to-day operations and facilitates the administration of the Society governance process.
Access to membership in the Society is one of the key requirements towards the long-term sustainability of the organization and the perpetuity of the Legacy Fund. This recognizes that Board members have different areas of expertise, experience and knowledge.