FAQ

CONFLICT OF INTEREST Found on Form 990: Part VI, Line 12 a-c

A conflict of interest policy should do two important things:

1. require board members with a conflict (or a potential conflict) to disclose it, and
2. exclude individual board members from voting on matters in which there is a conflict.

Document Retention and DestructionFound on Form 990: Part VI, Line 14

This policy should clarify what types of documents should be retained, how they should be filed and for what duration.  It should also outline proper deletion and or destruction techniques.  

WhistleblowerFound on Form 990: Part VI, Question 13

Nonprofits, along with all corporations, are prohibited from retaliating against employees who call out, draw attention to or "blow the whistle" against employer practices.  A whistleblower policy should set a process for complaints to be addressed and include protection for whistleblowers.