Statement of Nonprofit Affiliations Policy

1. The purpose of the Statement of Nonprofit Affiliations* is to assure full disclosure and open communication to help identify any situation where a possible conflict of interest may exist between a person acting in an official capacity for The Clowes Fund and a particular nonprofit agency.

2. A Statement of Nonprofit Affiliations should be completed by every member of the board of directors, grants committee and staff; and filed with the Foundation’s records.

3. If a Clowes Fund member finds himself/herself involved in a discussion regarding a nonprofit organization with which he/she has an affiliation, he/she should:

a. Make a statement of disclosure of the affiliation;

b. Be available for discussion of the organization; and

c. Recuse himself/herself from voting regarding the organization.

* Affiliation is defined as an employee or member of the governing body.