Together with other large Danish foundations, The Dreyer Foundation has established a set of principles for Good Practice for Charitable Foundations:
The seven approved principles for good foundation practice are:
- Transparency, communication and information
- Professional competence
- Cooperation with applicants, grantees and stakeholders
- Evaluation of charitable works
- Finance
- Governance
- Administration – day to day management
Read more about this initiative at www.danskefonde.info