Personal and Professional Integrity
All staff and Trustees of the Foundation will act with honesty, integrity, and openness in working toward the Foundation’s mission. The John C. Dunphy Private Foundation promotes a working environment that values respect, fairness, and integrity.
The John C. Dunphy Private Foundation has a clearly stated mission and purpose, approved by the Board. All of its programs support that mission and all who work for or on behalf of the Foundation are expected to understand that mission and purpose.
The John C. Dunphy Private Foundation has an active governing body that is responsible for setting the mission and strategic direction of the Foundation and oversight of the finances, operations, and policies of the Foundation.
The Foundation manages its funds responsibly and prudently.
The John C. Dunphy Private Foundation staff and Trustees are expected to follow the law and applicable regulations, both in letter and spirit.
Openness and Disclosure
The Foundation provides comprehensive and timely information to the public, the media, and all stakeholders and is responsive in a timely manner to reasonable requests for information. All information about the Foundation will fully and honestly reflect the policies and practices of the Foundation. Basic informational data about the Foundation, such as the annual Form 990PF federal tax return and audited financial statements, will be available to the public. All financial, organizational and program reports will be complete and accurate in all material respects.
Self-Dealing and Conflicts of Interest Policy
- SELF-DEALING: The Board of Directors will review and vote (by the majority of all directors entitled to vote) on all financial transactions to ensure the Foundation does not enter into any direct financial transaction with any person closely related to the Foundation (also known as “disqualified persons”.) The definition of a disqualified person includes but not limited to the Foundation’s officers, directors, trustees, key employees, substantial contributors, their family members, corporations, partnerships, trusts and estates.
- CONFLICTS OF INTEREST: The Board of Directors will review and vote (by the majority of all directors entitled to vote) on all grant decisions, and to the extent any board member of the Foundation has a conflict, S(He) will disclose the details of the situation and, will not participate in the vote to award the grant.