Many nonprofit leaders are familiar with the idea of a conflict of interest, but recognizing one in the moment is another matter. These situations don’t always come with a warning label, and even if the transaction is well-intentioned, a potential conflict that is not adequately reviewed by a board can expose your organization to legal risk, including IRS penalties.
In this episode of the PBPA Podcast, Ben Barkley with Kilpatrick will answer our questions about conflicts of interest, how to recognize them, what to do once one arises, and he’ll share real world examples that show how these situations actually play out.