Although not required by law, there are several reasons to implement conflict of interest and whistleblower policies. A conflict of interest policy protects the nonprofit organization from its employee's involvement in activities that might compromise independent decision-making about the organization's business and mission. A whistleblower policy will assist a nonprofit organization in maintaining transparency, practicing sound governance and exercising prudent risk management. This policy allows both volunteers and employees to raise concerns without fear of retaliation.
Nonprofit members who want to learn how to implement two kinds of policies that will strengthen their organizations