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FRIENDS OF DELSUTH FOUNDATION

Conflict of Interest Policy
# Policy# Governance# Ethics

Conflict of Interest Policy

Ensuring decisions are made in the best interest of the organization, free from personal, financial, or professional conflicts.

Effective Date: Monday 23rd February, 2026

Organization: Friends of Delsuth Foundation

Purpose

This policy ensures decisions are made in the best interest of the organization, free from personal, financial, or professional conflicts.

1Definition

A conflict of interest arises when a Board member, officer, or key staff member has a personal or financial interest that could influence their decision making.


2Disclosure

All Board members and senior staff must:

  • Disclose potential conflicts annually
  • Disclose any conflict before deliberation on related matters

3Procedure

When a conflict exists:

  • The individual must abstain from discussion and voting
  • The remaining Board members will determine appropriate action
  • The decision and recusal will be documented in meeting minutes

4Enforcement

Failure to disclose a conflict may result in disciplinary action, including removal from the Board.