What are some common examples of misconduct in nonprofits?
Common examples include misappropriation of funds, lack of transparency, and conflicts of interest.
Can you explain what misappropriation of funds means?
Misappropriation of funds refers to the unauthorized use of nonprofit money for personal gain or non-charitable purposes.
What are the consequences of such misconduct?
Consequences can include legal action, loss of tax-exempt status, and damage to reputation.
How can nonprofits prevent these issues?
Nonprofits can implement strong governance policies, regular audits, and training for staff on ethical practices.
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