Good governance practices are important for any organization. Strong governance is largely based on its players in ensuring that financial and non-financial resources are well managed. The Dompet Dhuafa Republika Foundation manages ZISWAF funds (Zakat, Infaq, Sadaqah and Waqf) as well as other funds from individuals, groups, companies or institutions to help the needy through social and humanitarian activities in Indonesia. The success of Dompet Dhuafa’s governance and professionalism in transforming and expanding the benefits of waqf has been recognized globally through the Ramon Magsaysay Award Foundation (RMAF) in 2016. The aim of this study is to analyze governance by Dompet Dhuafa in strengthening waqf funds. This study is a qualitative study with case study design. Data were collected through documents, observations and interviews with focus group from ZISWAF team, Dompet Dhuafa.