What is a Conflict of Interest?
A conflict of interest arises where you have a personal interest that directly conflicts or might conflict or may be perceived to conflict with the interests of the Toronto Animated Image Society (TAIS), and/or a conflict that directly conflicts or might conflict or may be perceived to conflict with your duties and responsibilities as a member of the Board of Directors of TAIS. However, as TAIS recognizes that the members and staff of an artist-run-centre may have interests as individual artists and/or involvements with other artist-run-centres and organizations, these multiple involvements are what create our community and do not necessarily represent a conflict of interest but may constitute a “benefit from interest” manageable by disclosure and arm’s length practices.
A conflict of interest could arise in relation to a Director’s involvement in matters including but not limited to:
• Proposals or acceptance of proposals by a sitting Director to present artistic projects as part of TAIS programming, where the Director does not declare the conflict of interest at the earliest possible date and/or take steps to limit or avoid the (actual or perceived) conflict of interest thereby placing the organization at risk.
• Undisclosed professional associations or personal associations/relationships with other organizations or groups with whom TAIS is involved.
• Undisclosed employment with organizations or individuals with whom TAIS is involved.
• Undisclosed personal associations or family relationships, obligations or commitments, relationships or interests that may conflict, or may be perceived to conflict with your duties as a member of the Board of Directors.
Avoidance of conflicts of interest is the responsibility of all members of TAIS Board of Directors. To meet this obligation, Director’s are expected to:
• Base your decisions in the best interests of the organization.
• Derive no personal benefit whether direct or indirect from your position as a Director, and where practicable, avoid any situation that may create, or appear to create, a conflict of interest between your personal interest(s) and those of the organization.
• Disclose if conflict of interest is not avoidable, and report the nature and extent of the conflict of interest in a timely and meaningful manner so as not to put the organization at risk.
Approved by the Board of Directors of the Toronto Animated Image Society: February 11, 2017