Why Have A Conflict of Interest Policy?
Part of Highwire Improv’s series ‘Important Stuff Most People Find Boring’ The internet is surprisingly full with websites and forums discussing conflict-of-interest policies for non-profit organizations (like Highwire Improv). There are three reasons for this: The IRS requires non-profit organizations to have a conflict-of-interest policy.Legal things are detailed and complicated.Most people don’t want to deal with that so they copy/paste the IRS’s example policy and use that, and then get shocked when they actually need the policy. It turns out that thinking about important, ambiguous, situations before they happen is a good idea! Like many things associated with non-profit policy,…