The Foundation for the Malcolm Baldrige National Quality Award Inc

“The audit committee reviews the form 990 prior to submittal. The audit committee then presents their questions to the board of directors.”

“Governance committee monitors the board of director's activities on a regular basis.”

“Compensation for the top official (ceo) was determined by the governance committee through detailed analysis of similar non-profit organizations in the same market area. Compensation is far below market/candidate experience levels. The governance committee evaluates ceo performance quarterly as part of regularly scheduled board meetings and also performs an annual evaluation to review performance and to evaluate compensation without the ceo being present. All non-profit board best practices are followed in setting, reviewing, evaluating and applying compensation. The full board then approves the compensation package for the following year.”

“Maryland, maine, michigan, minnesota, mississippi, north carolina, north dakota, new hampshire, new jersey, new mexico, new york, ohio, oklahoma, oregon, pennsylvania, rhode island, south carolina, tennessee, utah, virginia, washington, wisconsin, west virginia”

“Governing documents are available to the public on the foundation's website and upon request.”

“Part ix, line 1a & 24a - the existing national institute of standards and technology (nist), baldrige performance excellence program, is authorized in p. L. 100-107, as a public-private partnership that has been evaluating organizational performance, identifying role model organizations, and sharing their best practices for over 30 years, resulting in dramatic improvements in organiazational performance outcomes, and sustainability as well as over 25 billion in economic benefit to the nation. The baldrige performance excellence program develops and provides the world-renowned baldrige excellence framework - a management, best practices, assessment, standards, and leadership framework that is globally recognized and used by small businesses, industry, and governmental organizations across all business and organizational sectors including healthcare and education. The baldrige foundation and program also serve as the foundation for more than 30 state-based baldrige programs covering all 50 states and territories, as well as the new community of excellence 2026 initiative which uses the baldrige framework to strengthen communities by bringing together leaders and organizations from all sectors to work together and find innovative and creative solutions to the challenges they face. Nist has measured the baldrige return on investment at greater than 820 to 1 for the us government. The money gifted to the federal government under this act pays for the 16 federal employees in the baldrige program, their organizations and for conferences to share best practices across the united states. The gift also supports all state baldrige programs which feed into the national program.”

“To all the dedicated volunteers, examiners, judges, state program leaders and their boards, as well as the baldrige program staff, thank you for another successful year filled with achievement and progress in pursuit of performance excellence. And to those in the greater baldrige community- consultants, members of asq, and other baldrige- based organizations such as the american health care association-thanks for your continued support and collaboration. On july 25, 2022, the national institute of standards and technology (nist) announced that, "over the past 20 months, the leadership teams at baldrige, nist, and the department of commerce have been discussing the desire to enhance the reach and impact of the baldrige program. After much deliberation and consideration of multiple factors we have collectively decided to initiate a comprehensive, independent review to "reimagine" the baldrige program. This review will assess how the program can best advance u.s. Competitiveness and address the challenges most relevant in today's business environment, as well as examine how its impact and accessibility could be increased. The output of this process will inform how the program can best be positioned for maximal future impact to our nation." over the past two years, the baldrige foundation has worked collaboratively with other baldrige enterprise leaders to help reshape the future of baldrige as part of this external review. We participated in focus groups, interviews, surveys, formal and informal briefings, and offered advice and assistance throughout the process. In february 2024, nist announced the new baldrige award criteria and application were available on their website, with a goal of identifying and announcing new national role-model organizations in the fall of 2024. We are extremely excited about the new process, and its potential to scale up participation in the baldrige program nationwide. As dr. Laurie e. Locascio, under secretary of commerce for standards and technology and nist director stated, "i am very pleased that the baldrige reimagined proposal has been approved. We are fully supportive of the changes and look forward to a new class of baldrige award recipients in 2024. Nist and the department of commerce appreciate the robustness of the external review, the engaged and constructive participation of the baldrige community, and the thoughtfulness of the baldrige program's proposal to address the recommendations. I am excited for the work and opportunities ahead of us." the transformed baldrige award will place greater emphasis on organizational resilience, sustainability, and results over time. "to receive the award, an organization must demonstrate organizational resilience and long-term success through favorable performance levels and trends, comparisons to competitors and industry benchmarks (as appropriate), and relevant metrics." as organizations across the united states continue to look for ways effectively and efficiently to accomplish their missions and achieve their visions, the baldrige criteria still provide a framework to improve organizational performance to become more resilient, sustainable, and achieve better results. Regardless of your sector, baldrige can help you improve your performance and become more successful and better prepared to meet the challenges of the future. As never before, america needs baldrige advocacy throughout fiscal year (fy) 2023, the foundation continued to advance the baldrige program, state-based programs, and communities of excellence 2026 (coe2026) with leaders at the national, state, and local levels. We are always looking for new opportunities to strengthen our relationships with members of the commerce, justice, science and related agencies subcommittees and their staff in both the house and the senate. We provide members and their staffs with important updates and developments on the many benefits of baldrige throughout the nation and across every sector of the e”