Conflict of Interest
The Florida Veterans Foundation requires all Directors, Deputy Directors, Contractors and Volunteers to avoid any conflict between their interests and those of the Foundation and to disclose promptly any actual or potential conflicts.
The purpose of this policy is to ensure that the name, reputation, and integrity of the Foundation are not compromised. The fundamental principle guiding its implementation is that no Director, Deputy Director, Contractor, or Volunteer should have, or appear to have, any personal interests, relationships, or affiliations that conflict with the best interests of the Foundation.
It is impossible to give an exhaustive list of situations that might present a conflict. However, among the most common situations that may constitute a conflict are:
- Holding an interest in or accepting free or discounted goods from any company or organization that does, or is seeking to do, business with the Foundation, by any Director, Deputy Director, Contractor, or Volunteer who is in a position to directly or indirectly influence wither the Foundation’s decision to do business, or the terms upon which business would be done with such company or organization.
- Being employed by (including working as a consultant or volunteer) or serving on the board of any organization that does, or is seeking to do, business with the Foundation or which competes with the Foundation.
- Gaining personally, e.g., through commissions, loans, expense or travel reimbursements or other compensation, from any company, or organization doing, or seeking to do, business with the Foundation.
A conflict of interest may also exist when a Director, Deputy Director, Contractor, or Volunteer’s immediate family is involved in situations described above.
Subject to any other applicable rules or regulations, this policy is not intended to prohibit the acceptance of modest courtesies, openly given and acknowledged as part of the usual business amenities, e.g., occasional business-related meals or promotional items of nominal or minor value not to exceed $50 per occurrence (cumulative value for courtesies, meals, and/or items not to exceed $250 in any twelve month period).
It is the responsibility of the Director, Deputy Director, Contractor, or Volunteer to report promptly any actual or potential conflict that may exist. In the absence of disclosure, violations of the principles and standards contained in this policy statement may be subject to discipline, up to and including individual discharge. Individuals with decision-making authority will be required to acknowledge receipt of this policy and when applicable, disclose and existing or potential conflicts. The Chairman of the Foundation will have the final authority to determine the appropriate action for any policy violations. Please download a copy of our Conflict of Interest Agreement here.