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Conflict of Interest Policy

In January of each year, each staff, Board, and volunteer committee member shall file with the Community Foundation a list of his or her principal business activities, as well as involvement with other charitable and business organizations, vendors or business interests, or with any other associations that might produce a conflict of interest.

It shall be deemed that a staff, Board, or volunteer committee member shall have a conflict of interest if his or her spouse and/or any person living in his or her home is deemed to have such a conflict of interest.

Any potential conflict of interest or matter involving the appearance of impropriety on the part of any Board member should be disclosed to the President of the Board of Directors and made a matter of record as soon as the issue in question is raised and a possible conflict is known.

Any potential conflict of interest or matter involving the appearance of impropriety on the part of any volunteer committee member should be disclosed to the appropriate committee chairperson as soon as the issue in question is raised and a possible conflict is known.

Any Board or volunteer committee member having a conflict of interest on any matter shall not vote on the matter, after disclosure of the same, but shall be counted in determining the quorum for any such meeting. The minutes of the meeting should reflect that a disclosure was made and the abstention from voting was made by the individual having such a conflict.

The foregoing requirements shall not be construed as preventing the Director or Committee member from stating his or her position on any matter, nor from answering pertinent questions of other Directors or Committee members since his or her knowledge may be of beneficial assistance to the Foundation.

Any potential conflict of interest or matter involving the appearance of impropriety on the part of any staff member should be disclosed to the Executive Director as soon as the issue in question is raised and a possible conflict is known.

Open Records Policy

The Community Foundation of Wabash County, Inc. will make available for public inspection the following information:

  • Form 990 and Form 990-T (if applicable) for the three most recent years.
  • IRS Letter of Determination
  • The most recent audited financial statement
  • The names of the Foundation's investment managers
  • Endowment management fees (including investment and administrative fees)
  • The names of the members of the Board and all standing committees
The information is available for inspection by request during regular business hours. Requests for the information may be verbal or written and will be honored within two business days of the request.

Updated 4/03/2007





Community Foundation of Wabash County, Inc.
218 East Main Street, P.O. Box 98
North Manchester, Indiana 46962-0098
Phone (260) 982-4824, Fax (260) 982-8644

All Website Comments should be directed to The Webmaster.
Copyright © 2004 by the Community Foundation of Wabash County.