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Sample Nonprofit Conflict of Interest Policy Template for 501c3  Form

Sample Nonprofit Conflict of Interest Policy Template for 501c3 Form

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a conflict of interest occurs when individuals obligation to further the organization's charitable purposes is at odds with their own financial interests for example the board votes to rent a facility to host meetings from a board member who owns the building the conflict of interest policy establishes procedures that will offer protection against charges of impropriety involving the board of directors in a nutshell the conflict of interest policy is written to assure the community that your non-profit organization is established for the goodwill of the community instead of for the benefit of the people who operate the non-profit namely the board of directors you see the board of directors is charged with governing the nonprofit organization ing to the application that was submitted to earn c 3 status that's their job to make sure you are operating the reading program for children is if that is what you promised to do the board of directors also make sure that the financial transaction

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