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CONFLICT OF INTEREST STATEMENT FOR MEMBERS OF THE BOARD OF TRUSTEES OF THE VMI FOUNDATION, INC. (VOTING AND NONVOTING), AND MEMBERS OF THE FOUNDATION STAFF ADVISING THE BOARD Members of the Board
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How to fill out conflict of interest statement

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How to fill out a conflict of interest statement:

01
Obtain the necessary form: The first step is to acquire the specific conflict of interest statement form from your organization or institution. This may be available through the human resources department, compliance office, or ethics committee.
02
Read the instructions carefully: Once you have the form, carefully read the instructions provided. Familiarize yourself with the purpose of the statement and the specific details required.
03
Gather relevant information: Before filling out the form, gather all the necessary information. This might include your personal details, such as name, job title, and contact information, as well as information on any financial interests, relationships, or affiliations that could potentially create a conflict of interest.
04
List potential conflicts: In the designated section, clearly outline any potential conflicts of interest. Be comprehensive and transparent, ensuring that any relationships, financial interests, or obligations that could influence your decision-making or the perception of impartiality are disclosed.
05
Provide supporting details: Where necessary, provide additional information and supporting documents to clarify any conflicts of interest. This might include copies of contracts, financial statements, or disclosure forms.
06
Update regularly: Conflict of interest statements are typically required on a regular basis, such as annually or when specific events occur. Make sure to update your statement whenever there are changes to your circumstances that could impact your conflicts of interest.
07
Seek guidance if needed: If you are uncertain about any aspect of the conflict of interest statement or require further clarification, reach out to your organization's designated ethics officer, compliance team, or supervisor for guidance.

Who needs a conflict of interest statement?

A conflict of interest statement is generally required for individuals who hold positions of trust, responsibility, or decision-making authority within an organization. This may include employees of both public and private institutions, board members, executives, researchers, consultants, and others who may be in positions where potential conflicts of interest could arise. The purpose of requiring a conflict of interest statement is to promote transparency, mitigate risks, and ensure that personal interests do not unduly influence professional judgment or decision-making. The specific individuals who are required to complete a conflict of interest statement will vary depending on the organization's policies, industry regulations, and legal requirements. It is essential to consult the guidelines and policies of your specific organization to determine if you are required to complete a conflict of interest statement.
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A conflict of interest statement is a document that discloses any potential conflicts of interest that an individual may have when performing their duties.
Certain individuals, such as employees, board members, and executives, may be required to file a conflict of interest statement.
To fill out a conflict of interest statement, individuals typically need to disclose any financial interests, relationships, or affiliations that could potentially influence their decision-making.
The purpose of a conflict of interest statement is to promote transparency and ensure that individuals act in the best interests of the organization.
Information such as financial interests, relationships, and affiliations that could potentially create a conflict of interest must be reported on a conflict of interest statement.
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Relevant keywords

VMI hereunder abstentions disclosures abstention foregoing advisers Additionally indirect governing Endowment entities insider limiting thereof disclosure transactions TRUSTEES ADVISING securities participating acquisition Alumni

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