As outlined in the bylaws of our nonprofit corporation, the Oakhill Academy “corporation” is not governed by members, but by a Board of Directors. The board is the guardian of Oakhill’s mission. It is the board’s responsibility to ensure that the mission is appropriate, relevant, and vital to the community it serves. The board monitors the success of the school in fulfilling its mission.
The following principles of good practice provide a common perspective on the responsibilities of independent school boards. The board and administration work in partnership in fulfilling the following principles:
The board prepares a clear statement of the schools mission and onbjectives
The board reviews and maintains bylaws, and establishes policies and plans consistent with the mission.
The board is accountable for the financial well-being of the school, including capital assets, operating budgets, fund-raising and endowments.
The board selects, supports, and nurtures administration.
The board conducts a written evaluation of the performance of administration and works with administration to establish goals for the following year.
The board evaluates itself annually and establishes goals for the following year.
The board keeps full and accurate records of its meetings, committees, and policies.
The board works to ensure all its members are actively involved in the work of the board and its committees.
The composition of the board reflects a balance of expertise and perspectives needed to achieve the mission of the school.
The board develops itself through new trustee orientation, ongoing education, and leadership succession panning.
The board assures compliance with applicable laws and regulations.