Conflict of Interest Policy for Volunteers

Adopted September 2016

Reviewed Feb 1, 2018

 Definition

Conflict of interest is any decision-making situation where the private interests of a Volunteer are in conflict with the best interests of LOFT. This can involve the volunteer, close family member or personal friend, directly or indirectly giving or receiving a personal benefit, gain, privilege or advantage through an insider relationship.  In such situations independent judgement and objectivity are threatened.

Intent

The goal of this policy is for all inside parties to operate at arm’s length with all outside parties with which LOFT does business.

 Policy

Volunteers must remain conscious of possible conflicts of interest, and must report any real or potential conflict of interest to their Contact Person immediately.

Volunteers and staff will avoid any arrangements or circumstances, including personal relationships, which may compromise the judgement and the ability of the staff or volunteer to act honestly, in good faith and in the best interests of LOFT.

Similarly, volunteers will avoid any personal relationships with clients that may compromise the judgement and ability of the volunteer to act honestly, in good judgement and in the best interests of LOFT.

Volunteers are bound by the LOFT Volunteer Confidentiality policy. Further, any disclosure or use of information related to LOFT for the benefit, advantage or profit of the volunteer or an outside concern is prohibited.

Volunteers will not directly refer clients and/or their families to any private professional practices in which the volunteer may be engaged.

Volunteers will not accept gifts, fees, honoraria or personal benefits or advantages from any outside source doing business or seeking to do business with LOFT. Volunteers will not accept gifts, fees, honoraria or personal benefits or advantages from LOFT clients, or the friends or family of clients, when those gifts are intended to influence the Volunteer in any way.

In an exception to the above, a Volunteer may accept a gift of nominal value when it is given in recognition of a job well done.

 

ACKNOWLEDGEMENT

I have read, understand and accept the LOFT volunteer Conflict of Interest Policy.

 

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Volunteer Signature                                                                                              Date