Policy 5102 - Conflict of Interest

Conflict of Interest

Policy 

Members of the Board and employees serve a public interest role and have a clear obligation to conduct all affairs of the School in a manner consistent with that role. All Board and work-affiliated decisions are to be made solely on the basis of a desire to promote the best interests of the School.  

Procedure 

School policy requires that in the event the Board or employee/s must consider any transaction for the School that also involves a member of the Board, an employee, and/or a member of his or her immediate family or close relative, or an organization with which a member of the Board or employee is affiliated, at the first knowledge of such transaction, much disclose such real or potential conflict. Board members and employees must disclose such to the School administration, including the Executive Director and possibly the Board in a documented manner (email, letter, meeting minutes). Such disclosure is required of Board members and employees concerning all relationships and business affiliations that reasonably could give rise to a conflict of interest involving the School.  

Definitions 

  1. “Immediate family” and “close relative” include, but are not limited to, the following: spouse, significant other, parent, stepparent, guardian, brother, sister, mother-in-law, father-in-law, child, stepchild, grandmother, grandfather, aunt, uncle, niece, nephew, brother-in-law, sister-in-law, first cousin, or grandchild.  
  2. For this procedure, “affiliation” is understood to exist if the Board member/employee or a member of the family is:  
    1. an officer, director, trustee, partner, employee, or agent of such organization; or  
    2. Has any other direct or indirect dealings with such organization from which he or she knowingly benefited (e.g. through receipt directly or indirectly of cash or other property).  
    3. Board members who have a real or potential conflict of interest in any matter regarding the School will comply with all applicable statutes and rules governing conflicts of interest. 

 

By signing below, I acknowledge that I have read and understand Policy 5102. I will abide by this policy and recognize that the consequences for not doing so may result in disciplinary action including, and up to termination.  

 

Personnel Signature:  __________________________________________ 

 

Date:   ___________________________ 

 

Policy History
Adopted on: June 17, 2024
Revised on:
Reviewed on: