May 09, 2007

Guidance on Conflicts of Interest

Council on Foundations Issues Conflicts Guidance. When a foundation shares board members with grantees, is this simply mutual benefit or does it create a conflict of interest? The Council on Foundations has asked its members to ponder this issue, and it shares some of their opinions in a recent article. No surprises here: There are two sides to every story. As long as appropriate precautions are in place, grantees and grantors can all benefit. But if there are any concerns about the perception of favoritism or personal benefits, boards might want to reconsider this practice. Click Here