Board of Directors, Officers, Staff and Employees conflict of interests:
Directors, Officers, Staff and employees has a duty to subordinate personal interests to the welfare of Sojourn Collegiate Ministries and those we serve. Conflicting interests can be financial, personal relationships, status or power.
Directors, Officers, Staff and employees are prohibited from receiving gifts, fees, loans, or favors from suppliers, contractors, consultants, or financial agencies, which obligate or induce the Directors, Officers, Staff or employees to compromise responsibilities to negotiate, inspect or audit, purchase or award contracts, with the best interest of Sojourn Collegiate Ministries in mind.
Board of Directors, Officers, Staff and employees are prohibited from knowingly disclosing information about Sojourn Collegiate Ministries to those who do not have a need to know or whose interest may be adverse to Sojourn Collegiate Ministries, either inside or outside Sojourn Collegiate Ministries. Nor may Directors, Officers, Staff or employees in any way use such information to the detriment of Sojourn Collegiate Ministries.
Directors, Officers, Staff or employees may not have a significant financial interest in any property that Sojourn Collegiate Ministries purchases, or a direct or indirect interest in a supplier, contractor, consultant or other entity with which Sojourn Collegiate Ministries does business.
Since it is not possible to write a policy that covers all potential conflicts, Directors, Officers, Staff or employees are expected to be alert for and avoid situations that might be construed as conflicts of interests.
Any possible conflict of interests on the part of any Directors, Officers, Staff or employees should be disclosed to the other Directors, Officers, Staff or employees and made a matter of record, either through an annual procedure or when the interest becomes a matter of board action.
Any Director, Officer, Staff member or employee having a conflict of interests or possible conflict of interests should not vote or use his/her personal influence on the matter, and he/she should not be counted as part of a quorum for the meeting. The minutes of the meeting should reflect that a disclosure was made, the abstention from voting and the quorum situation.
These restrictions should not be construed as preventing the Director, Officer, Staff member or employee from briefly stating his/her position in the matter, nor from answering pertinent questions of other Board of Directors, Officers, Staff and employees, since his or her knowledge could be of assistance to the deliberations.
All Board of Directors, Officers, Staff and employees will be required to complete the "Conflict of Interests" statement. This policy will be reviewed annually by the Board of Directors and given to each Director, Officer, Staff member and employee for signature during orientation.
I have read the Conflict of Interest Policy, I understand and I agree to abide by the terms.