Conflicts of interest arise when foundation roles intersect outside roles, creating the potential for foundation insiders to benefit from the foundation in a personal, direct, or economic way. The benefit or potential for benefit can lead to biased decisions and unethical behavior, or the appearance of such, thus putting the foundation’s reputation at risk.
Don’t despair! Foundation insiders often wear many hats with intersecting roles, and conflicts of interest can typically be managed with a few simple steps.
Full article includes sample documents.
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