OUR MISSION

Enriching lives and celebrating nature in southern Colorado.

Our Charitable standing with the Colorado Secretary of State can be found here: https://www.sos.state.co.us/ccsa/pages/public/summary.xhtml

Our Charitable Standing and Financial Filings (EIN # 26-4297819) with the IRS can be found on the Colorado Gives Website at here: https://www.coloradogives.org/index.php?section=organizations.Financials&action=multi&fwID=40040#profile-details

Summary of our Financials can also be found on the Colorado Gives website at https://www.coloradogives.org/index.php?section=organizations.Financials&action=multi&fwID=40040#profile-details

Following is our Conflict of Interest Policy pertaining to our Board of Directors. This policy is reveiwed yearly and the Board Directors sign an Affirmation form that they have read and undstand the Policy and will commit to it.

Sangre de Cristo Volunteers for Community, Inc. Conflict of Interest Policy

Article I:  Purpose

The purpose of the conflict of interest policy is to protect the interest of the Sangre de Cristo Volunteers for Community, Inc. (the "Corporation") when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the Corporation or might result in a possible excess benefit transaction.  This policy is intended to supplement but not replace the Corporation's Bylaws or any applicable state and federal laws governing conflict of interest applicable to nonprofit and charitable organizations.

Article II:  Definitions

1.  Interested Person

Any director, principal officer, or member of a committee with Board of Directors delegated powers, who has a direct or indirect financial interest, as defined below, is an interested person.

2.  Financial Interest

A person has a financial interest if the person has directly or indirectly, through business, investment, or family:

a.  An ownership or investment interest in any entity with which the Corporation has a transaction or arrangement,

b. A compensation arrangement with the Corporation or with any entity or individual with which the Corporation has a transaction or arrangement, or

c. A potential ownership or investment interest in, or compensation arrangement with, any entity or individual with which the Corporation is negotiating a transaction or arrangement. 

A financial interest is not necessarily a conflict of interest.  Under Article III, Section 2, a person who has a financial interest may have a conflict of interest only if the appropriate Board of Directors or committee decides that a conflict of interest exists.

Article III:  Procedures

1.  Duty to Disclose

In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with Board of Directors delegated powers considering the proposed transaction or arrangement. 

2.  Determining Whether s Conflict of Interest Exists

After disclosure of the financial interest and all material fats, and after any discussion with the interested person, he/she shall leave the Board of Directors or committee meeting while the determination of a conflict of interest is discussed and voted upon.  The remaining Board of Directors or committee members shall decide if a conflict of interest exists. 

3. Procedures for Addressing the Conflict of Interest

a.  An interested person may make a presentation at the Board of Directors or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.

b.  The chairperson of the Board of Director or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. 

c.  After exercising due diligence, the Board of Directors or committee shall determine whether the Corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. 

d.  If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the Board of Directors or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Corporation's best interest, for its own benefit, and whether it is fair and reasonable.  In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. 

4.  Violations of the Conflicts of Interest Policy

a.  If the Board of Directors or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose.

b.  If, after hearing the member's response and after making further investigation as warranted by the circumstances, the Board of Directors of committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

Article IV:  Records of Proceedings

The minutes of the Board of Directors and all committees with Board of Directors delegated powers shall contain:

a.  The names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interest was present, and the Board of Directors' or committee's decision as to whether a conflict of interest in fact existed.

b.  The names of the persons who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection with the proceedings.

Article V:  Compensation

a.  A voting member of the Board of Directors who receives compensation, directly or indirectly, from the Corporation for services is precluded from voting on matters pertaining to that member's compensation.

b.  A voting member of any committee whose jurisdiction includes compensation matters and who received compensation, directly or indirectly, from the Corporation for services is precluded from voting on matters pertaining to that member's compensation.

c.  No voting member of the Board of Directors or any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the Corporation, either individually or collectively, is prohibited from providing information to any committee regarding compensation.

Article VI:  Annual Statements

Each director, principal officer and member of a committee with Board of Directors delegated powers shall annually sign a statement which affirms such person:

a.  Has received a copy of the conflicts of interest policy,

b.  Has read and understands the policy,

c.  Has agreed to comply with the policy, and

d.  Understands the Corporation is charitable and, in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of it tax-exempt purposes. 

Article VII:  Periodic Reviews

To ensure the Corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted.  The periodic reviews shall, at a minimum, include the following subjects:

a.  Whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arm's length bargaining.

b.  Whether partnerships, joint ventures, and arrangements with management organizations conform to the Corporation's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.

Article VIII:  Use of Outside Experts

When conducting the periodic reviews as provided for in Article VII, the Corporation may, but need not, use outside advisors.  If outside experts are used, their use shall not relieve the Board of Directors of its responsibility for ensuring periodic reviews are conducted.

Approval and Adoption

I hereby certify that this Conflict of Interest Policy of the Sangre de Cristo Volunteers for Community Board of Directors, Inc. was approved and adopted by the Corporation's Board of Directors on March 6, 2009, and signed by Director and President, Susan Gannon Kalman.   I hereby certify that the current Conflict of Interest Policy has been amended only to reflect the Corporation’s name change to Sangre de Cristo Volunteers for Community, Inc., and that there have been no other changes to the policy approved and adopted on March , 2009. 

__Amended policy signed by Susan Kalman on March 6, 2019____

Susan Gannon Kalman

Director and President                             

Sangre de Cristo Volunteers for Community, Inc.

(Original amended policy on file with VFC Secretary Susan Ingraham.)