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As a nonprofit charity, it’s natural to be worried about conflicts of interest; however, you don’t always have to be. In fact, certain instances are encouraged! In this week’s podcast, Alexander and Peter explain why. Conflicts of interest implicate two main bodies of law—state and federal. On a federal level, it is of course vital to maintain the charitable organization’s tax-exempt status. When there is an event of a conflict of interest, the danger includes loss of tax-exempt status and excise taxes against the entity and potentially managers involved. When managed properly, however, conflicts of interest can be good......

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