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	<title>The Nonprofit Banker &#187; Conflict of Interest</title>
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	<description>Banking and Beyond for Israel&#039;s Global Nonprofit Sector</description>
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		<title>ExpressDeposit: Board Members Should Always Err on the Side of Objectivity</title>
		<link>http://nonprofitbanker.com/best-practices/expressdeposit-board-members-should-always-err-on-the-side-of-objectivity/</link>
		<comments>http://nonprofitbanker.com/best-practices/expressdeposit-board-members-should-always-err-on-the-side-of-objectivity/#comments</comments>
		<pubDate>Sun, 17 Feb 2013 13:31:29 +0000</pubDate>
		<dc:creator><![CDATA[Shuey Fogel]]></dc:creator>
				<category><![CDATA[Best Practices]]></category>
		<category><![CDATA[MicroPost]]></category>
		<category><![CDATA[Amutah]]></category>
		<category><![CDATA[Board]]></category>
		<category><![CDATA[Conflict of Interest]]></category>
		<category><![CDATA[Governance]]></category>
		<category><![CDATA[Israel]]></category>
		<category><![CDATA[Nonprofit]]></category>
		<category><![CDATA[Remuneration]]></category>
		<category><![CDATA[Stephen Donshik]]></category>

		<guid isPermaLink="false">http://nonprofitbanker.com/?p=3436</guid>
		<description><![CDATA[Two recent articles by Stephen Donshik have crystallized why board members need to stay objective...Even with the best of intentions, losing objectivity weakens the board’s ability to accomplish its primary task of governance.  <p class="more-link-p"><a class="more-link" href="http://nonprofitbanker.com/best-practices/expressdeposit-board-members-should-always-err-on-the-side-of-objectivity/">Read more &#8594;</a></p>]]></description>
				<content:encoded><![CDATA[<div class="pf-content"><p><a href="http://www.flickr.com/#/photo/huskyte/7512877940" target="_blank"><img class="alignright size-full wp-image-3458" style="margin-left: 8px;" title="&quot;Caution&quot; by Huskyte77" alt="&quot;Caution&quot; by Huskyte77" src="http://nonprofitbanker.com/wp-content/uploads/Caution-Tape.jpg" width="196" height="126" /></a>Two recent articles by Stephen Donshik have crystallized why board members need to stay objective.</p>
<ol>
<li>Bylaws sometimes allow for board members to receive remuneration for attending meetings.  Payments of any amount, however, <a href="http://ejewishphilanthropy.com/ethical-dilemmas-and-nonprofit-boards-of-directors/" target="_blank">erase the status of “volunteer,”</a> essentially, destroying what the organization was hoping to achieve when it recruited this individual.  <span id="more-3436"></span></li>
<li>Additionally, a board member can potentially win contracts from the organization in which he serves. However, this person is then <a href="http://ejewishphilanthropy.com/board-members-as-consultants/" target="_blank">tasked with critiquing his own work</a>, a near-impossibility.</li>
</ol>
<p>Even with the best of intentions, losing objectivity weakens the board’s ability to accomplish its <a href="http://www.nonprofitquarterly.org/governancevoice/21574-what-do-you-talk-about-at-your-board-meetings.html" target="_blank">primary task of governance</a>.</p>
<p><em>Tizku Lemitzvot,</em></p>
<p>Shuey</p>
<p><em><br />
EXPRESSDEPOSIT’s are a new feature to the site, offering 100 WORDS OR LESS on funding, finance, trends, and best practices relating to Israel’s global nonprofit sector.</em></p>
<p><em><em>Photo courtesy of <a href="http://www.flickr.com/photos/huskyte/7512877940" target="_blank">Huskyte77</a> (Flickr)</em></em></p>
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