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2021 CONFLICT OF INTEREST POLICY AND ANNUAL DISCLOSURE Forms document combines the conflict of interest language from the current bylaws, which is also given as a sample by the IRS, with the annual
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A conflict of interest policy is a set of guidelines designed to help individuals and organizations identify, disclose, and manage situations where personal interests might conflict with professional responsibilities.
Typically, employees, board members, and other individuals in positions of authority within an organization are required to file a conflict of interest policy.
To fill out a conflict of interest policy, individuals usually need to provide information about their relationships, financial interests, and any potential situations that could lead to a conflict with their professional duties.
The purpose of a conflict of interest policy is to protect the integrity of the organization, ensure transparency, and maintain public trust by managing potential conflicts that could affect decision-making.
Individuals must typically report any personal relationships, financial interests, investments, gifts, or other factors that could influence their decision-making in the context of their professional role.
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