Conflict of Interest

THE DELTA KAPPA GAMMA SOCIETY 

INTERNATIONAL CONFLICT OF INTEREST POLICY 

Section A. Purpose. 

The purpose of this Conflict of Interest Policy is to protect the interests of The Delta Kappa Gamma Society International (the “Society”) when the Society is contemplating entering into a transaction or arrangement that might benefit the private interest of a member of the Administrative Board, an international officer, a state organization officer, a chapter officer or a member of a committee with powers delegated by the Administrative Board or an international, state or chapter executive board (any such person is referred to in this Conflict of Interest Policy as an “Interested Person”). This policy is intended to supplement but not replace any applicable state and federal laws governing conflicts of interest applicable to non-profit and charitable organizations. 

Section B. Conflict of Interest. 

A “conflict of interest” may arise when an Interested Person, or a family member of an Interested Person, enters into or proposes to enter into, or has any direct or indirect interest in, or relationship with, any individual or organization which enters into or proposes to enter into, any transaction with the Society, including but not limited to, transactions involving: 

(i) the sale, purchase, lease, rental or other transfer of any property or other asset; 

(ii) employment, or rendition of services, personal or otherwise; 

(iii) the award of contract or subcontract, for example, a construction or vendor contract; or 

(iv) a partnership, joint venture or other similar transaction or arrangement. 

Section C. Direct or Indirect Interest. A “direct or indirect interest” includes actual or potential: 

(i) actual or potential ownership or control, directly or indirectly, of the voting interests or securities, or beneficial interests, of an organization or the power to control, directly or indirectly, the election of a majority of an organization’s directors or other governing body; 

(ii) service as a director, officer, manager, executor, administrator, trustee, employee, independent contractor, consultant, volunteer or other similar position; or 

(iii) compensation arrangements, including direct or indirect remuneration and substantial gifts or favors.