Trustees, Officers and Key Persons Conflict of Interest Policy
Icon Policy Scope
This policy applies to the College’s Board of Trustees, members of the College senior leadership team and certain other highly compensated individuals. Compliance with this policy is required to maintain the College’s federal and state tax exemptions as well as to preserve the integrity of the College and its leadership team in the governance of the College and dealings with outside parties.
Review the Trustees, Officers and Key Persons Conflict of Interest Policy
The purpose of this policy is to protect the interests of the College and maintain its status as a tax-exempt organization, when it is contemplating entering into a transaction or arrangement that might benefit the private interest of a trustee, officer or Key Person, or might result in a possible excess benefit transaction, and provide a procedure for dealing with Conflict of Interest situations. This Policy is intended to supplement, but not replace, any applicable state and federal laws governing conflicts of interest applicable to not-for-profit, educational and charitable organizations in New York State.
Icon Disclosure Requirements
This disclosure cycle is managed by the Office of the President and the Office of the General Counsel and any disclosed possible conflicts are managed by the Audit Committee. Disclosees will be contacted directly with further instructions.