The IRS asks tax-exempt organizations on the IRS Form 990 if they have a written document retention and destruction policy, and it’s not a good sign when organizations can’t answer ‘yes’ to this question. This time-saving template educates organizations and encourages their compliance with the legal requirements of the Sarbanes-Oxley Act (SOX) by providing guidance for keeping, storing, and disposing of records and documents. It includes a chart listing specific documents and retention timeframes.