Description
Learn how to spot and avoid conflicts of interest in the nonprofit sector.This topic will help you understand the issues surrounding conflicts of interest in the nonprofit sector. You will come away with an overview of how to spot potential conflicts of interest and the tools to avoid conflicts through an understanding of fiduciary duties bolstered by sound policies and practical procedures. The material will address ways to develop policies and procedures that avoid conflicts of interest, as well as a clear guide to the risks of not having these safeguards.
Date: 2020-12-01 Start Time: End Time:
Learning Objectives
Identifying a Conflict of Interest
• Definition of Conflict of Interest
• Common Examples of Conflicts
• Disclosures and Documentation
Director Duties and Conflicts
• Duty of Care
• Duty of Loyalty
• Duty of Obedience
Practical Policies for Nonprofit Organizations
• Purpose of Policies
• Drafting a Policy That Works
Evaluating Conflicts in the Real World
• Related Party Transactions
• Compensation Decisions
• Awarding Contracts
• Avoiding and Mitigating Conflicts
Risks Associated With Conflicts of Interest
• Excess Benefit Transactions
• Intermediate Sanctions
• Private Inurement and Benefit
• Loss of Tax-Exemption
• Public Opinion Issues
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Jennifer A. Gniady-Stradley Ronon Stevens & Young, LLP
