Conflict of Interest Policy
This policy ensures that decisions are made with integrity, objectivity and in the best interests of Prakrtireva Saranam Foundation. We identify, disclose and manage conflicts of interest transparently.
Identify
Recognise actual, potential or perceived conflicts before they influence decisions.
Disclose
Promptly disclose any conflict of interest transparently to the appropriate authority.
Manage
Take appropriate steps to manage and mitigate conflicts fairly and responsibly.
Act in Best Interest
Always act in the best interest of the Foundation and maintain public trust.
Why this policy matters
Conflicts of interest can affect fairness, damage trust and compromise our mission. This policy helps us protect our integrity, resources, reputation and the confidence of our donors, volunteers and stakeholders.
Who this policy applies to
Directors
Board Members
Advisory Board Members
Committee Members
Volunteers in Decision-Making
Consultants & Representatives
This policy applies to all persons whose role or position may create a conflict with the interests of the Foundation.
Examples of Conflict of Interest
Financial interest in vendors, suppliers or partners
Decisions involving relatives, close friends or associates
Accepting gifts, benefits or hospitality
Using confidential information for personal gain
Personal benefit from Foundation transactions
Holding another role that affects your independent judgment
Our Key Commitments
- We act with honesty, integrity and objectivity.
- We manage conflicts transparently and responsibly.
- We avoid situations that may influence our decisions.
- We protect the Foundation's mission, resources and reputation.
Read the full policy
Read the complete Conflict of Interest Policy to understand our requirements, process and responsibilities.
Related Policies
Board Governance Policy
Framework for board operations, meetings and decision-making.
Anti-Fraud & Anti-Corruption Policy
Our commitment to zero tolerance towards fraud and corruption.
Grievance Redressal Policy
How we address concerns and ensure fair resolution.
Advisory Board Guidelines
Role, responsibilities and expectations for advisory board members.