Statement

No Director or employee of United Way of Salt Lake shall use his or her position, or the knowledge gained there from, in such a manner that a conflict between the interest of the organization or any of its partners and his or her personal interests arises. 

Each Director and employee has a duty to place the interest of United Way of Salt Lake foremost in any dealings and has a continuing responsibility to comply with the requirements of this policy. 

The conduct of personal business between any Director, employee, or committee member and United Way of Salt Lake and any of its partners is prohibited unless first fully disclosed and then only if approved by the Board. 

Board members, committee members or employees may not obtain for themselves, their relatives or their friends a material interest of any kind from their association with United Way of Salt Lake. 

If a Director, employee or committee member has an interest in a proposed transaction with United Way of Salt Lake in the form of a significant personal financial interest in the transaction, or in any organizations involved in the transaction, or holds a position as trustee, director or officer in any such organization, he or she must make full disclosure of such interest before any discussion or negotiation of such transaction. 

Any Director, employee or committee member who is aware of a potential conflict of interest with respect to any matter coming before the Board, or any committee, is obligated to disclose such a conflict of interest to the entire Board. 

Disclosure

To implement this policy, Board members, employees and committee members of United Way of Salt Lake will submit annual reports on a form approved by the Board, and if not previously disclosed, will disclose any conflict or potential conflict before any additional Board or committee action is taken. 

These annual reports will be reviewed by the officers of the Board, who will attempt to resolve any actual or potential conflict(s) and, in the absence of resolutions, refer all such matters to the full Board of Directors and the Board will resolve.