1. Key individuals involved in the governance and management of the National Association of Women Artists, Inc. (NAWA) are required to conduct all affairs of the Association solely in the best interests of the organization. Such individuals must avoid any conflict between their personal interests or the interests of other organizations with which they have a relationship, and the interests of NAWA and ensure that their personal or other interests do not improperly benefit from their positions. This obligation requires that the Executive Board of Directors be fully informed regarding any transaction or arrangement into which NAWA enters and with respect to which such key individuals may have an interest. Modest ownership holdings of stocks or bonds of publicly held corporations shall not apply in the determination of the above interests.
2. This Conflict of lnterest Policy shall apply to all Executive Board Directors, Operating Board members, officers, committee members, employees and any affiliated persons. One is an affiliated person when one is a family member or close relative of an Executive Board Director, officer, committee member or NAWA employee, or a firm or other entity with which such persons have relationship.
3. AII Executive Board Directors, officers, Operating Board members, committee members, employees, and affiliated persons must disclose the existence and nature of any potential conflicting interest to the Executive Board of Directors or to the Nominating/Governance Committee of the Board, considering the proposed transactions or arrangements, including proposed grant and program relationships. They shall refrain from participating in the discussion of a matter in which they have a conflicting interest or in voting on the action except to the extent of responding to questions for information. This does not apply to board actions, such as approval of the annual budget, which might include a relationship or affiliation.
4. Each person to whom this Conflict of Interest Policy applies shall regularly (every 3 years) sign a statement which affirms that one: (a) has received a copy of this policy, (b) has read and understands the policy, (c) has agreed to comply with this policy, and (d) affirms that he or she neither has a conflict of interest nor knows of anyone who does.
This policy was approved as amended on March 24, 2026
