Ethical Issues for the Development Office

Ideas & Perspectives
Ideas & Perspectives

Volume 27

No. 8//

June 30, 2002

One of the prime responsibilities of the Board of Trustees is to provide strong and consistent stewardship of the school’s assets. Your school’s nonprofit (501)(c)(3) status with the Internal Revenue Service and its good name in the community are two examples of non-tangible assets that must be preserved. If your school loses either or both of these assets, its position could weaken drastically, moving you into murky, uncharted waters.

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