Conflict of Interest Policy
Conflicts are not a problem if they are disclosed and managed. The problem is hidden dependence, unclear incentives, or board service that appears independent while serving outside interests.
Purpose
This policy exists to protect the Foundation’s mission, credibility, and decision quality.
Core rules
- Board members disclose material conflicts before deliberation.
- Board members recuse themselves from conflicted votes or discussions.
- The Foundation documents recusals in minutes or decision records.
- Ongoing financial or professional relationships that affect independence must be reviewed.
- No board member should use service to influence certification, procurement, or partnership outcomes for personal gain.
What counts as a conflict
- Financial dependence on Foundation outcomes
- Employment or ownership ties to entities materially affected by Foundation decisions
- Family or close personal relationships affecting judgment
- Competitive interests that distort oversight
- Any arrangement that would make an independent observer question impartiality
Enforcement posture
Repeated failure to disclose conflicts, or use of board position for outside gain, should be grounds for removal review.