Conflict of Interest Policy

From the Interfaith Mission Service Bylaws:

Article Six – Conflict of Interest

  1. Interfaith Mission Service will not do business with any business owned or controlled by a member of the Board of Directors or Leadership Council unless the purchase or contract is negotiated on a bid basis with at least three firms having been solicited to validate a reasonable price.
  2. The Board of Directors will take whatever steps are necessary to insure that no part of the net income of the organization or its operations will inure to the benefit of any member of the Board of Directors, the Leadership Counsel or any other individual

Additionally, the following was adopted on August 28, 2007:

CONFLICT OF INTEREST

To avoid a conflict of interest, which would tarnish the image of IMS or bring disrepute on IMS, all Associates will:

  • Provide full, complete, fair and accurate disclosure in presentations, reports and documents.
  • Comply with applicable governmental laws, rules and regulations.
  • Make full and appropriate use of the resources entrusted to IMS.
  • Make full and fair disclosure of all relevant information to donors who have a right to know how their dollars are being spent.
  • Avoid any activity or outside interest which conflicts, or appears to conflict, with the best interests of IMS including business involvement with a current or potential IMS vendor, grantee, relative or others unless such relationship is disclosed in writing to a Board officer and such activity is determined by the Board not to be in conflict with the best interests of IMS.
  • Disclose the associate’s affiliation with IMS and other organizations represented by the associate as may be relevant in helping others to understand the associate’s perspective on matters under discussion.
  • Ensure that they do not derive any personal gain or profit, directly or indirectly, by reason of their affiliation with IMS.
  • Refrain from obtaining or using any list or electronic compilation of contributors, members or associates of IMS for private, personal or business solicitation purposes.