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Last updated 10/19/2017CONFLICT OF INTEREST POLICY SECTION 1. PURPOSE: Matter is a nonprofit, tax exempt organization. Maintenance of its tax exempt status is important both for its continued financial

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How to fill out conflict of interest policy

01

Clearly define what constitutes a conflict of interest within your organization.

02

Provide training to staff and board members on how to identify and disclose conflicts of interest.

03

Create a formal policy document that outlines the procedures for disclosing conflicts of interest.

04

Require all staff and board members to review and sign the conflict of interest policy annually.

05

Implement a process for reviewing and addressing conflicts of interest as they arise.

Who needs conflict of interest policy?

01

Nonprofit organizations

02

Government agencies

03

Corporations

04

Educational institutions

05

Any organization that wants to promote transparency and ethical behavior

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What is conflict of interest policy?

Conflict of interest policy is a set of guidelines designed to ensure that individuals in positions of authority act in the best interest of the organization and disclose any potential conflicts that may arise.

Who is required to file conflict of interest policy?

Nonprofit organizations and businesses are required to have a conflict of interest policy in place, and individuals in positions of authority such as board members, officers, and key employees are required to file.

How to fill out conflict of interest policy?

Conflict of interest policy can be filled out by identifying potential conflicts, disclosing any relevant information, and taking steps to mitigate conflicts of interest.

What is the purpose of conflict of interest policy?

The purpose of conflict of interest policy is to promote transparency, integrity, and accountability within organizations by addressing potential conflicts of interest.

What information must be reported on conflict of interest policy?

Information that must be reported on conflict of interest policy includes any financial interests or relationships that could potentially influence an individual's decision-making within the organization.

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