District of Columbia Nonprofit - Conduct Policies for Board Members
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How to fill out Nonprofit - Conduct Policies For Board Members?
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FAQ
§ 29?406.03. (a) A board of directors shall consist of 3 or more directors, with the number specified in or fixed in ance with the articles of incorporation or bylaws.
A board of directors, also known as a nonprofit board, is the governing body of a nonprofit. The members of a nonprofit board focus on the high-level strategy, oversight, and accountability of the organization. This contrasts with employees or managers who oversee the day-to-day operations of the nonprofit.
Ethical Behavior for Board Members Is Culturally Driven Ethical behavior means acting ing to what society, individuals, and businesses generally accept as good values. Good values include traits like honesty, dignity, diversity, fairness, and respect for individual rights, to name a few.
(a) The officers of a nonprofit corporation shall be the individuals who hold the offices described in its articles of incorporation or bylaws or are appointed or elected in ance with the articles and bylaws or as authorized by the board of directors.
Putting the interests of the organization above personal interests. Representing the organization in a positive and supportive manner at all times and in all places. Showing respect and courteous conduct in all board and committee meetings.
Once the code of conduct is developed, it should be approved by the Board of Directors. The audit committee or a similar board committee should be responsible for updating the code of conduct when necessary and ensuring that the organization is in compliance.
Board members should be as open as possible about all the decisions and actions they make. They should give reasons for their decisions and restrict information only when the wider public interest clearly demands it. Honesty.
This Code is intended to focus Board Members on areas of ethical risk, provide guidance to help them recognize and deal with ethical issues, provide mechanisms to report unethical conduct, foster a culture of honesty and accountability, deter wrongdoing and promote fair and accurate disclosure and ?nancial reporting.