B. Conflicts of interest. The directors of a charity owe it a duty of loyalty. The duty of loyalty requires a director to act in the interest of the charity rather than in the personal interest of the director or some other person or organization. In particular, the duty of loyalty requires a director to avoid conflicts of interest that are detrimental to the charity. Many charities have adopted a written conflict of interest policy to address potential conflicts of interest involving their directors, trustees, officers, and other employees. The Internal Revenue Service encourages a charity’s board of directors to adopt and regularly evaluate a written conflict of interest policy that requires directors and staff to act solely in the interests of the charity without regard for personal interests; includes written procedures for determining whether a relationship, financial interest, or business affiliation results in a conflict of interest; and prescribes a course of action in the event a conflict of interest is identified. When there are only 2 employees, and one is the board presidents spouse, how does that pass the smell test? Just another example of parents being exploited by the soccer clubs. |
They didn’t cancel until May because they were going to try to do it over the summer. I’m glad they tried everything they could. Also, they did give refunds, as credits this season. |
+1, pretty clear this is a case where a nonprofit board president’s position influenced the hiring of his wife at that nonprofit. Its disgusting how low these people go to exploit kids and parents for their own greed. |
Thanks. I honestly could not follow the earlier posts. It sounded like husband and wife worked for different nonprofits, not the same one. Nepotism is generally not a good idea unless it is a private family owned business. |