Essential Legal Compliance & Preserving Tax Exempt Status Guidelines

The organization has a records retention policy that outlines the systematic review, retention and destruction of records (electronic or paper) received or created by the organization in connection with the transaction of organization business. The policy ensures compliance with federal and state laws and regulations to eliminate accidental or innocent destruction of records. The policy also addresses backup and recovery of essential records.

November 1, 2021

By Megan Pierce, Donor Services Director

A sample record retention policy is available here>>  from the Center for Nonprofit Excellence