Sample Policies That Benefit Your BoardOct 17, 2023
The Nonprofit Leadership Center of Tampa Bay has developed a number of model policies for not-for-profit boards. Several are provided for you below.
Their Conflict-of-Interest Policy includes avoiding actual conflicts of interest as well as perceived conflicts of interest. Board members state that they understand that the purposes of the policy are to protect the integrity of the organization’s decision-making processes, to enable customers and other partners to have confidence in your integrity, and to protect the integrity and reputation of your staff, board of directors, volunteers and key associates.
Upon or before election, hiring or appointment, members make a full, written disclosure of interests, relationships and holdings that could potentially result in a conflict of interest. This written disclosure is kept on file and is updated as appropriate.
Members are asked, in the course of meetings or activities, to disclose any interests in a transaction or decision where they (including their business or other nonprofit affiliation, family and/or their significant other, employer or close associates) may, will or could appear to receive a benefit or gain. After disclosure, they understand that they will be asked to leave the room for the discussion and will not be permitted to vote on the question.
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The policy is meant to be a supplement to good judgment, and members are asked to respect its spirit as well as its wording.
Here are some of their other sample policies:
The Nonprofit Leadership Center of Tampa Bay’s mission is to develop and connect not-for-profit leaders to strengthen organizations and communities. Because knowledge gained and shared fosters leadership, they provide learning and networking experiences for not-for-profit professionals, leaders and organizations.
Get in touch. We’ll address your questions and concerns in an upcoming blog post.
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