Be True to Donors
6. Provide for whistle blowers. An organization should encourage people with concerns about its ethics and accountability to come forward. “Nonprofit directors and officers should let staff members, volunteers and other stakeholders know how they can raise concerns. If an organization listens to its whistle blowers early on, it can save itself a lot of trouble in the long run,” Marenakos writes.
7. Disclose financial and governance information on a regular basis to donors and the general public. “An organization’s annual report, its tax filing and program activities should be accessible on the Web site, available to be mailed out, and on hand in case someone walks into the office and asks for this information,” Marenakos says. “Timely, consistent reporting to external stakeholders reinforces an organization’s accountability and promotes good stewardship.”
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