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Get the free Sample Conflict of Interest Policy - Maine Association of Nonprofits

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Sample Conflict of Interest Policy Organization Conflict of Interest Policy Article I Purpose and Overview Administrators, directors and officers of Organization (the Corporation) have an obligation
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A conflict of interest arises when an individual or organization is involved in multiple interests, one of which could possibly corrupt the motivation for an act in the other.
This requirement varies depending on the organization or institution, but typically employees, board members, and executives are required to file conflict of interest disclosures.
To fill out a conflict of interest form, one must disclose any financial interests, relationships, or other potential conflicts that may impact their decision-making abilities.
The purpose of a conflict of interest policy is to promote transparency, protect the integrity of decision-making processes, and prevent unethical behavior.
Information such as financial interests, personal relationships, outside employment, gifts received, and any other factors that could potentially influence decision-making must be reported.
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