Non Profit Policies & Procedures

business policies & procedures

Every nonprofit organization should have a set of policies and procedures in place to ensure the organization staff are following the rules and regulations put forth by the state and federal government. These policies help protect both the nonprofit and its employees, as well as ensuring that donations given to the nonprofit are used in an appropriate manner. The following are some of the most important nonprofit policies and procedures that every organization should have:

 

Conflict of Interest Policy

This policy defines what constitutes a conflict of interest and how employees should avoid such a conflict. It is important for nonprofits to have this policy in place to ensure that employees are not making decisions that could benefit themselves financially at the expense of the nonprofit.

 

Whistleblower Policy

This policy protects employees who report illegal or unethical behavior within the organization. It is important for nonprofits to have this policy in place to encourage employees to come forward with any concerns they may have, without fear of retaliation.

 

Records Retention and Destruction

This policy defines how long records should be kept and how they should be destroyed. This is important for nonprofits, as it ensures that confidential information is not released and that records are not kept longer than necessary.

 

Employee Compensation Policy

This policy defines how employees will be compensated for their work as per their job titles in nonprofit organizations. It is important for nonprofits to have this policy in place to ensure that employees are paid fairly and that no one is receiving preferential treatment.

 

Gift Acceptance Policy

This policy defines how gifts given to the nonprofit will be used. It is important for nonprofits to have this policy in place to ensure that donations are used in a way that aligns with the mission of the organization. This policy prevents the nonprofit from making decisions about how to use donations that could be perceived as self-serving.

 

Fiscal Management Policy

This policy defines how the nonprofit will manage its finances. It is important for nonprofits to have this policy in place to ensure that money is being spent wisely and that there is transparency around financial decisions. All revenue earned must be used in a way that furthers the mission of the nonprofit.

 

Spending Policy

This policy defines how the nonprofit will spend money. It is important for nonprofits to have this policy in place to ensure that money is being spent wisely and in a way that furthers the mission of the nonprofit.

 

Investment Policy

This policy defines how the nonprofit will invest its money. It is important for nonprofits to have this policy in place to ensure that investments are made in a way that aligns with the organization’s values and mission.

 

Joint Ventures Policy

This policy defines how the nonprofit will enter into joint ventures with other organizations. It is important for nonprofits to have this policy in place to ensure that any joint venture is in line with the mission and values of the nonprofit.

 

Anti-Harassment Policy

This policy defines what constitutes harassment and how it will be handled. It is important for nonprofits to have this policy in place to ensure that employees feel safe and respected at work. Harassment of any kind is not tolerated in the workplace.

 

Conclusion

Policies and procedures are an important part of any nonprofit organization. They help protect the nonprofit, its employees, and those it serves. Having these policies in place helps to ensure that the nonprofit is operating in a legal and ethical manner. If you are thinking of starting a nonprofit, be sure to put these policies in place to help your organization run smoothly.