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Sample Nonprofit Conflict of Interest Policy Template for Form

Sample Nonprofit Conflict of Interest Policy Template for Form

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what does coi stand for and why is it a big deal right i love this policy so coi stands for conflict of interest policy and really what that means is that you have board members you have key employees in any organization not just non-profit organizations that are in positions to influence decisions and those might be decisions about who to do business with who to give a contract to etc board members again across the board not unique to non-profits they have a fiduciary responsibility and one of the meanings of fiduciary responsibility is that they have a responsibility to do what's best for the organization so i kind of like to compare it to parents guardians and minor children right so your parents and your guardians have a responsibility to do what's in the best interest of the minor children and in this case an organization whether prophet or nonprofit is analogous to that those minor children and board members have to do what's right by the children in my ex

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