donor intent: The vision, legacy and intentions of a foundation’s original donor for the foundation’s mission. - GOSW and Forum of Regional Associations of Grantmakers Amy Sample Ward
Self-dealing is the conduct of a trustee, an attorney, a corporate officer, or other fiduciary that consists of taking advantage of his position in a transaction and acting for his own interests rather than for the interests of the beneficiaries of the trust, corporate shareholders, or his clients. Self-dealing may involve misappropriation or usurpation of corporate assets or opportunities.
One of the more current and widely agreed on definitions is from political scientists Ken Kernaghan and John Langford in their book “The Responsible Public Servant”. They define self-dealing as “a situation where one takes an action in an official capacity which involves dealing with oneself in a private capacity and which confers a benefit on oneself."
Michael McDonald, Ph.D, Chair of Applied Ethics at The University of British Columbia provides examples based from this book: “You work for government and use your official position to secure a contract for a private consulting company you own.” and “using your government position to get a summer job for your daughter”.
http://en.wikipedia.org/wiki/Self-dealing 06/09
conflict of interest: A situation in which the private interests of someone involved with an organization could cause him or her to make decisions that are not in the best interest of the organization. - GOSW and Forum of Regional Associations of Grantmakers Amy Sample Ward
Bylaws: Rules governing the internal operation of a nonprofit corporation. Bylaws often provide the methods for the selection of directors, the creation of committees, and the conduct of meetings. - GOSW and Forum of Regional Associations of Grantmakers Amy Sample Ward
Foundation: A legal entity formed as a nonprofit corporation (or charitable trust) under state law and granted 501(c)(3) tax-exempt status by the IRS. A corporate foundation receives the majority of its funding from its parent company.
Principles: Guiding ideals that inform foundation/giving program management, governance and grantmaking decisions.
Governing body: Depending upon the structure of the philanthropic program, a foundation board, company grant committee or other oversight/decision-making
group.
