For non-profit organizations to set a tone for ethical behavior, we see a comprehensive conflict-of-interest policy as a good place to start. A non-profit is asked about their conflict-of-interest policy by the IRS when they are first forming.
If you don't have one, now is a good time to get one! It addresses expected behaviors by board members, staff, and volunteers We have developed for the non-profits we work with, a comprehensive conflict-of-interest policy that can be adopted by the non-profit board of directors that is responsive to IRS expectations and the highest community expectations for transparency.
GRE Consulting
