Detailed Code of Ethics

Mission

The Foundation has a clearly stated mission and vision, approved by the Board of Directors, each of which is manifested in all of the programs created and supported by the organization. The Foundation requires that all persons who work for or on behalf of the organization are and remain loyal to its vision and mission. The mission is responsive to the constituency of vulnerable children diagnosed with cancer in developing countries each year.

Governance

The Board of Directors of the Foundation will be responsible for implementation of the mission, vision, and strategic direction of the organization.

The Board of Directors will oversee the finances of the Foundation through the enforcement of policies and procedures.

The Board of Directors:

– Ensures that its members have the requisite skills and experience to carry out their duties, that all members understand and fulfill their governance duties by acting for the benefit of the Foundation and its public purpose, and that all members have specified terms of service;

-Has a conflict of interest policy that ensures that any conflicts of interest or the appearance thereof are avoided or appropriately managed through disclosure, recusal or other means;

-Is responsible for the hiring, terminating, and regular review of the performance of the chief executive officer, and ensures that any compensation of the chief executive officer is reasonable and appropriate;

-Ensures that the CEO, the officers and all other appropriate staff provide the Board of Directors with timely and comprehensive information so that the Board of Directors can effectively carry out its duties;

-Ensures that the Foundation conducts all transactions and dealings with integrity and honesty;

-Ensures that the working relationships among the Board of Directors, officers, staff, volunteers, members, and other stakeholders are based on mutual respect, fairness and openness;

-Ensures that the Foundation is fair and inclusive in its hiring practices and promotion policies and practices for board, staff and volunteer positions;

-Ensures that the policies of the Foundation are in writing, clearly articulated and officially adopted;

-Ensures that the resources of the Foundation are responsibly and prudently managed; and

-Ensures that the Foundation has the capacity to carry out its programs effectively.

Inclusiveness and Diversity

The Foundation is committed to inclusiveness and diversity in its Board of Directors, officers, staff, and volunteers.

Legal Compliance

The Foundation, its Board of Directors, officers and staff are in compliance with all U.S. laws and regulations as well as applicable international conventions.

Fundraising

The Foundation is truthful in its solicitation materials. The Foundation respects and is committed to maintaining the privacy of individual donors, expends funds consistent with donor intent, and discloses important and relevant information to potential donors. In raising funds from the public, the Foundation respects the rights of donors:

-To be informed of the mission of the Foundation, the way the resources will be used and its capacity to use donations effectively for its intended purposes;

-To be informed of the identity of those serving on the Foundation’s Board of Directors and to expect the Board of Directors to exercise prudent judgment in its stewardship responsibilities;

-To have access to the Foundation’s most recent audited financial report;

-To be assured their gifts will be used for the purposes for which they were given;

-To receive appropriate acknowledgement and recognition;

-To be assured that information about their donations is handled with respect and with confidentiality to the extent provided by the law;

-To expect professional and respectful conduct from the Foundation’s staff;

-To be informed whether those seeking donations are volunteers, employees of the organizations or hired solicitors;

-To have the opportunity for their names to be deleted from mailing lists that Independent Sector may intend to share; and

-To feel free to ask questions when making a donation and to receive prompt, truthful and forthright answers.

Stewardship

The Foundation manages its funds responsibly and prudently. The Foundation will abide by the following principles of stewardship:

-Ensuring that a reasonable percentage of the annual budget is allocated for programs in pursuance of its mission;

-Ensuring that the utilization of funds and policies are fair, reasonable and appropriate to fulfill the mission of the organization;

-Avoiding accumulation of operating funds excessively;

-Provision of administrative expenses to ensure effective accounting systems, internal controls, competent staff, and other expenditures critical to professional management;

-Assurance of reasonable and appropriate compensation of all staff employed by the Foundation;

-Limiting fundraising costs to a conservative level in support of the event;

-Prudently draws from reserve funds consistent with donor intent and to support the public purpose of the organization; and

-Assurance that all financial reports are factually accurate, meticulous and complete in all material respects.

Disclosure

The Foundation provides comprehensive and timely information to the public, the media, and all stakeholders and is responsive in a timely manner to reasonable requests for information. All information about the Foundation fully and honestly reflects its policies and practices. Basic informational data about the Foundation, such as the Form 990 and audited financial statements are posted on the Foundation’s website or otherwise available to the public. All solicitation materials accurately represent the Foundation’s policies, practices, and programs. All financial, organizational, and program reports are complete and accurate in all material respects.

Record Keeping

Every director, employee and volunteer must ensure that the reporting of business information – whether computerized, on paper, or in any form – is accurate, honest, timely, and represents the facts fairly. The Foundation will adhere to all laws, regulations, external accounting controls, and policies and procedures for implementing and reporting business transactions. The Foundation will never create a false or misleading report or record by deliberately or negligently making false entries or failing to make correct entries.

International Business

The Foundation is committed to conducting its activities free from the unfair influence of bribery and to foster anti-corruption awareness among its employees and business relations throughout the world. The Foreign Corrupt Practices Act (FCPA) is a United States law that prohibits corruptly giving, offering or promising anything of value to foreign officials or foreign political parties, party officials, or candidates for the purpose of influencing them to misuse their capacity to obtain, keep or direct business or to gain any improper advantage. The Foundation will know and follow all applicable laws when involved in international business.

Environmental Protection

The Foundation is committed to protecting the environment as well as the health and safety of people. To accomplish this, the Foundation will make {U.S. and local] environmental and health and safety regulations our minimum standard for environmental protection. In activities performed outside of the United States, efforts will be made to familiarize the organization with international policies which govern environmental protection, health and safety in the regions of engagement. The Foundation intends to conserve natural resources and prevent pollution, by reducing waste, reusing and recycling materials, and disposing of all hazardous and other waste in a legal, safe, and responsible manner.

Health and Safety

The Foundation is committed to providing all employees and others who are on our property with a safe and secure environment. Accordingly, the Foundation will comply with health and safety laws and regulations, as well as with the policies of the Foundation that govern health and safety.