Following the 2013 business session held in Anaheim, CA, the boards of the IAAP and The Foundation of IAAP
approved a change in legal counsel. As a result, management requested
that the new legal counsel undertake a review of the organizational
structure, governance, operations, policies and practices of IAAP and The Foundation of IAAP
to assess their legal health and diagnose each organization’s legal and
best practices strengths and weaknesses, and propose any necessary or
advisable corrective or preventative measures.
The audit provided the Board of Regents notice that The Foundation
was not operating within its Articles of Incorporation. Thus, the Board
of Regents voted to suspend elections and appointments for the 2014-15
governance year. Fortunately, those individuals currently serving on the
board have agreed to continue their volunteer service for another year.
This decision will provide the regents with the continuity to further
develop its emerging strategic plan, goals and objectives, and program
support during the year ahead.
The regents will also use this time to examine its current election
and nomination processes to insure that The Foundation is utilizing best
practices in carrying out its governance responsibilities.
We appreciate all of your ongoing support of The Foundation and its mission.