NONPROFITS’ UNITED
BOARD OF DIRECTORS’ CODE OF CONDUCT

This statement affirms our belief and commitment to ethical, honest and sound business practices. The NonProfits’ United Board of Directors holds a position of trust and is responsible to the pool members. The Board will conduct pool business in a conscientious and open manner and will not engage in any action that compromises the pool. All directors will adhere to high moral, ethical, and legal standards, comply with applicable laws and observe the following rules of conduct.

• A director will attend all scheduled Board and assigned Committee meetings according to the Board attendance policy described in the Corporation Bylaws.

• A director will not accept employment or engage in any business or professional activity that might reasonably be expected to induce him/her to disclose confidential information acquired as a board member.

• A director will not seek, offer or accept any financial benefit as a result of Board membership except for the reimbursement of reasonable, legitimate expenses as described in the Corporation Bylaws. This includes but is not limited to:
- acceptance of gifts above nominal value
- self-dealing
- establishment of individual financial dealings or investments with any organization doing business with the pool or seeking to do business with the pool

• A director will not engage in any activity that conflicts or appears to conflict with the unbiased conduct of pool business. These activities include but are not limited to:
- employment or directorships with contractors or organizations that provide service to the pool,
- employment or directorships with contractors or organizations that compete with the pool,
- any activity that may impair a director’s independent judgment of pool issues

• A director will make all decisions in keeping with the best interests of the pool and its membership.

The Board shall investigate and evaluate any actual, alleged or potential violation of these rules of conduct and will take any appropriate corrective action, including sanctions and the initiation of legal action.