“Conflicts of interest arise when a #Director, #Officer or #KeyEmployee has a personal, professional or business interest that is at odds with the individual's duty of loyalty to the Foundation, described below. Whether actual or perceived, #ConflictsOfInterest (defined below) have the potential to damage the Foundation’s credibility, thereby adversely affecting its ability to fulfill its mission and programmatic goals. If not managed properly, Conflicts of Interest can also undermine the trust and confidence of Mozilla Community members and the Foundation’s donors on whom the Foundation’s success depends.
Conflicts of Interest are not necessarily prohibited or harmful to the Foundation
“Conflicts of interest arise when a #Director, #Officer or #KeyEmployee has a personal, professional or business interest that is at odds with the individual's duty of loyalty to the Foundation, described below. Whether actual or perceived, #ConflictsOfInterest (defined below) have the potential to damage the Foundation’s credibility, thereby adversely affecting its ability to fulfill its mission and programmatic goals. If not managed properly, Conflicts of Interest can also undermine the trust and confidence of Mozilla Community members and the Foundation’s donors on whom the Foundation’s success depends.
Conflicts of Interest are not necessarily prohibited or harmful to the Foundation provided (i) they are identified and properly managed, and (ii) the Interested Person (defined below) refrains from acting on behalf of, or attempting to influence, the Foundation as provided herein.
This Policy is designed to assist Directors, Officers and Key Employees in the performance of their duties and to state clear guidelines to be followed in identifying and resolving potential and actual Conflicts of Interest, including self dealing issues, and situations that give rise to the appearance or perception of a Conflict of Interest.”
