Welcome to EO Radio Show – Your Nonprofit Legal Resource. This is the first in a series of episodes covering the federal and state laws that apply to business transactions between a nonprofit and its insiders such as directors, executives, substantial contributors, and entities controlled by them.
In this episode, Cynthia Rowland provides a general overview of the relevant federal laws. She talks about the rules that cover financial transactions that nonprofit directors, trustees, and executives should See more +
Welcome to EO Radio Show – Your Nonprofit Legal Resource. This is the first in a series of episodes covering the federal and state laws that apply to business transactions between a nonprofit and its insiders such as directors, executives, substantial contributors, and entities controlled by them.
In this episode, Cynthia Rowland provides a general overview of the relevant federal laws. She talks about the rules that cover financial transactions that nonprofit directors, trustees, and executives should address carefully before they occur, and the penalties and other adverse consequences to an organization and its managers and insiders who violate these laws.
In the next few episodes, she will cover the related topics of conflict of interest policies and best practices for approving insider compensation.
Link to episode 32 resources: https://www.fbm.com/exempt-organizations/publications/nonprofit-basics-insider-transactions-and-nonprofits-whats-the-big-deal/
If you have suggestions for topics you would like us to discuss, please email us at eoradioshow@fbm.com.
Additional episodes can be found at EORadioShowByFarella.com.
DISCLAIMER: This podcast is for general informational purposes only. It is not intended to be, nor should it be interpreted as, legal advice or opinion. See less -
