Conflict of Interest Policy for Nonprofits and Private Foundations
$7.99
Downloadable, editable Microsoft Word document.
The purpose of this nine-page Conflict of Interest Policy is to protect the interests of your Organization, a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code, when it is contemplating entering into a transaction or arrangement that might benefit the private interest of a Director, Officer, or Employee, or that might result in an excess benefit transaction as defined by the Internal Revenue Code.
Description
Description
The Conflict of Interest Policy for Nonprofits and Private Foundations includes the following sections:
- Purpose statement
- Definitions of an “interested person”
- Procedures
- Records of Proceedings
- Compensation
- Annual statements
- Periodic Reviews
- Use of Outside Experts
The Annual Conflict of Interest Disclosure Statement includes the following sections:
- Policy Acknowledgement
- Disclosure of Interests
- Three Yes or No questions
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