Board Conflict of Interest Form

The purpose of this Conflict of Interest (“Policy”) of the Kansas Academy of Family Physicians (the “Academy”) is to protect the interests of the Academy when it is contemplating entering into a transaction or arrangement that might benefit the private interest of a member of the Board of Directors of the Academy (“Board”); an officer of the Academy (“Officer”); a member of the Academy (“Member Representative”) serving in other organizational capacities, such as members of Academy committees (“Committees”) and Academy representatives to external entities (“External Entities”); or any other employee of the Academy who is classified as “exempt” under the DOL regulations (“Employee”).

This Policy is also intended to assist the Board, the Officers, and the Employees as well as Member Representatives serving in other organizational capacities to fulfill their respective obligations to act at all times in the best interest of the Academy. In order to preserve and protect the integrity of the Academy and its decisions, and to foster an open and trusting relationship between and among members of the Board and Employees, this Policy requires such members of the Board, Officers, Member Representatives, and Employees to maintain the highest standard of corporate ethics not only to avoid conflicts of interest in the Academy’s affairs, but also to avoid even the appearance of impropriety that undisclosed dualities of interest can create.

This Policy is intended to supplement, but not replace, any applicable laws governing conflicts of interest and fiduciary duties applicable to not-for-profit corporations.