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Policies
Conflict of Interest Policy
Future Generations Alliance Foundation is committed to the highest
levels of integrity, thereby ensuring continued public trust and
confidence. Foundation board members, employees, volunteers, or
other authorized representatives are expected to conduct their
relationships with each other, the Foundation, and outside organizations
and individuals with honesty, openness, and the greatest possible
standards of ethics.
Any actual, potential and/or perceived conflict
of interest, whether direct or indirect, is either avoided
or is appropriately managed
through prompt and full disclosure, recusal and/or other means.
If at any time a Foundation representative has a potential or
actual personal, professional, or business interest that conflicts
with,
or may give the appearance of conflicting with, the best interest
of the Foundation, that representatives should remove themselves
from a position of decision-making authority and immediately
disclose the situation to the Board of Directors.
The Board of
Directors shall determine if any ethical, legal, financial, or
other conflict of interest exists and what appropriate
actions
should be taken to remedy the situation. The minutes of the
Board of Directors meeting shall contain a record of all such circumstances.
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