Legal and ethical responsibilities and why they are important for the organization’s success

During Weeks 5 and 6 you have explored a nonprofit’s legal, ethical, policy formulation, fundraising, and financial oversight responsibilities. For Section 3 of the Final Project you will create a guide for these areas that nonprofit boards and executive directors can use to maximize their chances for success.

Section 3 should include:

• Legal and Ethical Responsibilities
• Policy Formulation
• Fundraising
• Financial Oversight

Explain the board’s legal and ethical responsibilities and why they are important for the organization’s success. Include your assessment of an organization’s responsibility to bring about positive social change regarding the underlying problems that the organization exists to address. Include a listing of essential policies that the board should adopt. Explain the responsibilities of individual board members regarding fundraising and the board’s responsibilities for financial oversight.