What Policies Does My Nonprofit Need?

May 15, 2018

Rainbow files Nonprofit organizations should adopt policies, approved by the board of directors that provide clear guidance on a range of legal, financial, human resources and other areas. The Standards for Excellence® Educational Resource Packets provide a thorough set of instructions and sample policies for the attached list of policies and procedures, including:

  • Conflict of Interest Policy
  • Document Retention Policy
  • Financial Management Policy
  • Personnel Policies
  • Solicitation and Acceptance of Gifts Policy
  • Volunteer Policy
  • Whistleblower Policy
  • Other policies referenced in the Form 990
  • … and more!

 For access to our sample policies and other resources, join Maryland Nonprofits today!

From the Standards for Excellence®: An Ethics and Accountability Code for the Nonprofit Sector. The Standards for Excellence code, developed by the Standards for Excellence Institute, includes specific benchmarks and measures that provide a structured approach to building capacity, accountability, and sustainability in your nonprofit organization. The code identifies 6 major areas of nonprofit governance and management: Mission, Strategy, and Evaluation; Leadership: Board, Staff, and Volunteers; Legal Compliance and Ethics; Finance and Operations; Resource Development and Fundraising; and Public Awareness, Engagement and Advocacy.

The Standards for Excellence® Institute, a program of Maryland Nonprofits, provides the best possible resources to nonprofits nationwide, helping build their capacity to effectively and efficiently meet the needs of their communities. Members of Maryland Nonprofits gain access to an online community with an expansive library of resources and customizable templates. Membership with Maryland Nonprofits is designed to help you raise more money, develop your board, build relationships, learn, save on the things you need to run your organization, and amplify your voice in Annapolis. Join today.

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