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Conflict of Interest Policy (Not For Profit)

This Conflict of Interest Policy helps charities manage any conflicts of interests their board members may have.

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Last updated October 11, 2024

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Suitable for Australia

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Written by

Edwin Montoya Zorrilla

Reviewed by

Damin Murdock

Document Overview

This policy helps charities manage any conflicts of interests their board members may have. It outlines a process for disclosing conflict of interests so that the integrity of the charity is maintained. This policy also helps to ensure compliance with Governance Standard 5 as set by the Australian Charities and Not-for-profits Commission.

This policy was adapted from the website of the Australian Charities and Not-for-profits Commission.


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Use this Policy if:
  • You need to create a process for disclosure of any conflicts of interest your board members may have;
  • You want to ensure that board members are aware of their obligations regarding any conflict of interest;
  • Your charity needs clarity on how to record and monitor any disclosed conflicts of interest;
  • You want to clarify what constitutes a conflict of interest;
  • You would like to communicate how any disclosed conflicts of interest are managed, and establish relevant sanctions for a breach;
  • You seek to comply with obligations placed on responsible persons governing a charity by the Australian Charities and Not-for-profits Commission.
What does this Policy cover?
  • Clarification of what constitutes a conflict of interest;
  • Establishes the board’s responsibility to manage conflicts of interest;
  • The process for identifying and declaring any conflict of interest;
  • Confidentiality of disclosures;
  • The actions required to manage conflicts of interest once disclosed, and the relevant factors to consider when deciding what action to take;
  • Actions for breach of the policy.
Further information:


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