October 2018 – Loch Lomond Villa Foundation announces that it has been accredited under Imagine Canada’s national Standards Program. With this achievement, we join a growing community of more than 230 organizations dedicated to operational excellence.
The Standards Program is a Canada-wide set of shared standards for charities and nonprofits designed to strengthen practices in five fundamental areas: board governance; financial accountability and transparency; fundraising; staff management; and volunteer involvement.
“It’s no small feat for an organization to earn Standards Program accreditation. It’s a rigorous, peer-reviewed process that is meant to build Canadians’ trust and confidence in the charitable sector,” says Bruce MacDonald, president and CEO of Imagine Canada. “The organizations accredited to date reflect a broad spectrum in size, scope and geography. Each one takes governance, accountability, and transparency very seriously. We’re proud to have them on board.”
About the Standards Program
The goals of Imagine Canada’s Standards Program are to increase the transparency of charities and nonprofits, and to strengthen public confidence in individual organizations and the sector as a whole.
Peer-review Process and Compliance
Our policies and procedures in the five areas of compliance were evaluated by a group of volunteers from the sector and were found to be compliant with the Standards Program. Accredited organizations are required to complete full re accreditation on a five-year basis. Compliance during the accreditation period is monitored through an annual process that requires organizations to submit evidence demonstrating selected standards are being met.