Conflict Policy
Conflict of Interest Statement
The Hangout is committed to high standards to prepare young adults from economically disadvantaged areas with education and skills necessary to achieve success and enrichment in life. It is essential that members and the general public uphold this commitment with the highest quality of confidence. Even the smallest appearance of a conflict of interest, or a potential conflict of interest, should be avoided. In order to maintain this confidence from the public and members, The Hangout has adopted this conflict of interest and disclosure policy.
The Hangout depends on its members (board, directors, officers, employees, and volunteers) to achieve its goals. It is recognized that The Hangout members may have personal, business, and professional interests that may create a potential for a real or perceived conflict of interest with the best interests of The Hangout. The Hangout does not necessarily view the existence of these interests as an impediment to participation in The Hangout activities, but does require they be disclosed.
Duty to Disclose
1. Definition
A conflict of interest "is a situation that has the potential to undermine the impartiality of a person because of the...
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