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Code of Ethics

The McKnight Brain Research Foundation is committed to:

  • Act honestly, truthfully and with integrity in all transactions and dealings
  • Promote the avoidance of conflicts of interest and commit to the appropriate handling of actual or apparent conflicts of interest in all relationships
  • Treat all grantees fairly and treat every individual with dignity and respect
  • Be a good corporate citizen and to comply with both the spirit and the letter of the law
  • Act responsibly toward the professional communities in which we work and for the benefit of the professional communities we serve
  • Be responsible, transparent, and accountable for all of our actions
  • Attend all regularly scheduled board meetings insofar as possible, and become informed concerning the issues to be considered at those meetings
  • Endeavor to make policy decisions only after full discussion
  • Render all decisions based on the available facts and independent judgment, and refuse to surrender that judgment
  • Encourage the free expression of opinion by all board members, and seek systematic communications among the board members
  • Work with other board members to establish effective board policies and to delegate authority as appropriate
  • Stay informed about pertinent issues by individual study and through participation in programs providing needed information relevant to the MBRF
  • Take no private action that will compromise the Foundation, and respect the confidentiality of information that is privileged under applicable law
  • Monitor and evaluate on a regular basis the MBRF actions and activities
  • Ensure that the resources of the Foundation are responsibly and prudently managed
  • Adopt and monitor spending practices and investment policies which are fair, reasonable and appropriate to fulfill the mission of the Foundation