Julie: on the AAM website, under Museum Ethics are statements on
conflict of interest and accounting. You might also want to look for
information under the National Society of Accountants. They have a web
page. My take on this is that (1) it's a conflict of interest (2) it
does not follow the recommendations of a Board Members role (3) and, if
you are getting a qualified financial statement yearly from an
accounting firm (I'd be surprised if you were) you are going to find it
impossible to get grants or large donations.
Good luck!
Linda McAllister, CFRE
Curator of Advancement
Office: 863-644-2431 ext. 142
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-----Original Message-----
From: Museum discussion list [mailto:[log in to unmask]] On
Behalf Of Julie Holcomb
Sent: Wednesday, August 02, 2006 2:06 PM
To: [log in to unmask]
Subject: [MUSEUM-L] Ethics question
I am posting this question for a colleague who is not on the list.
My colleague is the new director of a museum which will be established
by a private non-profit foundation. The foundation's checking account
was opened by and continues to be controlled by a member of the board
who donated the "seed money" for the foundation. The foundation's taxes
are handled by the board member's wife and audits are completed by the
board member's daughter. Even though the foundation has now hired an
executive director, the board member is reluctant to relinquish control
of the finances. Currently all invoices, etc. are submitted to the
board member who cuts the checks. The board member is interested in
seeking AAM accreditation at the appropriate time, but does not see any
need to change current financial procedures until it is time to seek
that accreditation. My colleague has searched the AAM web site without
finding what he needs to convince the board member to relinquish sole
control of the checkbook. Suggestions? Resources? Policy statements?
Please send your responses to me and I'll forward them to my colleague.
Thanks in advance.
Julie
--
Julie Holcomb, MLIS, CA
Director of the Pearce Collections Museum/ Navarro College Archivist
Pearce Collections at Navarro College 3100 W. Collin St.
Corsicana, Texas 75110
Phone: (903) 875-7438 ~ Fax: (903) 875-7593
E-mail: [log in to unmask]
Internet: http://www.pearcecollections.us
"Men make their own history, but they do not make it just as they
please; they do not make it under circumstances chosen by themselves,
but under circumstances directly found, given, and transmitted from the
past. The tradition of all the dead generations weighs like a nightmare
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Karl Marx, The Eighteenth Brumaire of Louis Bonaparte
"History does not refer merely, or even principally, to the past. On
the contrary, the great force of history comes from the fact that we
carry it within us, are unconsciously controlled by it in many ways, and
history is literally present in all that we do."
James Baldwin
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