Conflict of Interest?
March 4, 2012 2:47 PM Subscribe
Stupid question: is this a real conflict of interest?
posted by Jehan to law & government (21 answers total)
Mr A is chairman of both group B and group C. Both groups are unincorporated nonprofits which work to benefit the same community but in different ways. Mr A has written on behalf of group B requesting a specific donation of funds from group C, which totals up to 10% of group C's funds.
Some members of group C have protested that this is improper, but Mr A has maintained that:
1) he does not stand to benefit personally from this donation,
2) the interests of both groups are essentially the same and so voting for a transfer of funds to group B is actually not against group C's interest, and
3) he can maintain an open mind, and besides group C has no written policy on conflict of interest so he is free to vote regardless.
I'm pretty indignant and feel this is little more than a cash grab by the chair to fund a pet project, but I would like an independent opinion. Any experience or knowledge is welcome.