mining
A Mining Company’s Foundation Warned by AG for Conflicts
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Is this new foundation golden?
West Virginia
A Politician, a Golf Course, and Old White Charities
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Old White Charities has two board members making six figures. One of them is the governor of West Virginia.
conflicts of interest
Memorial Sloan Kettering Still Trying to Save Face on Conflicts of Interest
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The review’s findings were damning, calling out a laissez-faire culture about high priced conflicts of interest that extended from the boardroom out into the practices among leading doctors and administrators.
doing business with board members
Profitable Business Deals for UMMS Board Members Prompt Legislation
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NPQ repeats that board members of a nonprofit should not do business with that nonprofit or on the basis of their influence with the nonprofit. It is unethical and threatens the reputation of the organization.
nonprofit board problems
Boards Behaving Badly: The Next Chapter
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A story of intrigue at a Wisconsin-based YMCA chapter gets curiouser and curiouser.
conflicts of interest
Memorial Sloan Kettering Forced to Address Its Own Ethical Lapses and Others Follow
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The financial siren song of big pharma has lured more than one nonprofit into dangerous waters.
medical research
Memorial Sloan Kettering Takes Adjoining Room with Big Pharma
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Observers have long noted the problem of the revolving door between federal agencies and the nation’s largest corporations. Now, we see the same dynamic recreate itself in the nonprofit sector, threatening the public’s confidence in our sector’s stewardship.
self-dealing
Wreaths Across America: Is a Nonprofit Built on Conflict of Interest Still a Nonprofit?
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A nonprofit that has seen revenues rise from $227,000 in 2011 to $14.6 million last year looks impressive. But with a large share of the revenues funneled to a single company that is owned by the same family that controls the nonprofit’s board, well…
conflicts of interest
Fundraising Revamp Follows Investigation into Major Conflicts of Interest at Sloan Kettering
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A recent investigation reveals multiple ethical lapses at Memorial Sloan Kettering involving both key staff and board, and the public look of them is deeply disturbing.
Organizational ethics
Is There Room in the Nonprofit Boardroom for Investing with Friends?
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Even if the conflict is disclosed, is it ever a good idea for a board to invest a third of its endowment in a hedge fund linked to one of its members? Duty of care, anyone?