Top Ten Policies and Practices for Nonprofit Organizations
Increased emphasis on transparency and accountability requires more formal attention to governance and administration
The emphasis since the enactment of Sarbanes-Oxley on governance practices of all nonprofits organizations, and the specific questions on the revised Form 990 about conflict of interest, whistle blower, document retention and compensation setting policies and procedures of 501(c)(3) public charities have spurred renewed interest in written policies. The following are policies and practices that 501(c)(3)s and other nonprofits may want to consider.
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