All members of the Nevada State College Foundation (NSCF) Board of Trustees and Nevada State College (NSC) members associated with the NSCF shall adhere to the following policy.
The Trustees, Officers, and Employees of the Nevada State College Foundation (NSCF) shall avoid the appearance or actuality of private benefit to persons who are in a position of substantial authority. When an actual or potential conflict arises, this policy shall direct the decision of the Foundation’s Board of Trustees. This policy is intended to supplement, but not replace, State of Nevada laws governing conflicts of interest in nonprofit charitable organizations. Each individual Foundation Board member must disclose annually to the NSCF any personal interest which one might have in any matter pending before the Foundation and shall refrain from participation in any decision on such matter.
Actual, potential, or perceived conflicts of interest include, directly or indirectly:
Actual, potential or perceived conflicts of interest must be reported in writing as soon as they arise to the Chair of the NSCF Board of Trustees and to the President of NSC. Acting together, the Chair and the President will in their discretion either resolve the actual, potential, or perceived conflict and so advise the “reporter” in writing, or will bring the matter to the Executive Committee of the Foundation Board or to the full Board of Trustees for resolution. If the matter is brought to the Executive Committee of the Foundation’s Board or to the full Board, members of the Board will abstain from voting when a conflict matter involving them is addressed.
Each reported “conflict of interest” must include in the procedure:
Questions relating to this policy should be directed to the Chair of the Board of Trustees of Nevada State College Foundation and/or to the President of Nevada State College.
All persons covered by this policy shall complete and sign a Conflicts of Interest Statement annually at the first NSCF Board meeting of the new fiscal year. Such statement will serve as a continuing reminder and control mechanism, but should not modify the obligation for members to report actual, potential, and/or perceived conflicts as they arise. Each Trustee, Officer, and Employee associated with NSCF with Board-designated powers shall annually sign a statement which affirms that such an individual:
To ensure that NSCF operates in a manner consistent with its charitable purposes, and that it does not engage in activities that could jeopardize its status as an organization exempt from federal income tax, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects:
Conflict of Interest Annual Disclosure Form
Approved by Mr. Glenn Christenson, NSC Foundation Chair, June 14, 2009.
Approved by Dr. Fred Maryanski, NSC President, June 15, 2009.
Updated August 2010.
Reviewed September 2011.
Reviewed September 2013.
Reviewed September 2015.