Conflicts of Interest Policy
Does your organization have a conflicts of interest policy in place?
One of the many implications of the American Competitiveness and Corporate Accountability Act, commonly referred to as the Sarbanes-Oxley Act (developed to address scandals in the corporate world) was the need to strengthen conflicts of interest policies. If you do not have a policy, or if your current policy has not been reviewed recently, take a look at the resources below.
• Sample Conflict of Interest Policy (Nonprofit Risk Management Center)
• How Do We Safeguard Against Conflict of Interest? (BoardSource)
• Sample Conflict of Interest Policy (scroll down for article and sample, CompassPoint)
• Conflict of Interest Policy (enVision.ca)
• What Goes in a Conflict-of-Interest Policy? (idealist.org)
• Sarbanes-Oxley and Implications for Nonprofits
• Nonprofit Governance and the Sarbanes-Oxley Act
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