Friday, November 05, 2010

The Gift Acceptance Policy: What Is It, and Why Does Your Organization Need It?

Some related material is collected on our FAQ Blog

http://afprc23.blogspot.com/search/label/NPGiftAcceptancePolicies



The Gift Acceptance Policy: What Is It, and Why Does Your Organization Need It?: "November 2010

Adopting, implementing, and monitoring sound governance policies to accomplish an organization's mission continue to be at the forefront of issues of concern to the nonprofit community. Even implementing the most basic policies encourages operational and managerial efficiency.

By now, most organizations have completed the inaugural filing cycle of the new Form 990 and are familiar with the 'Governance, Management and Disclosure' section, which addresses the existence—or lack thereof—of policies, including conflicts of interest, whistleblower, document retention and destruction, joint ventures, review of the 990, and executive compensation."

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