Blue Shield of California Foundation is governed by an independent Board of Trustees, which is responsible for ensuring that the Foundation manages its finances, operations, and grantmaking programs to advance its mission and goals. The board sets the strategic direction of the Foundation and oversees its governance as set forth in its bylaws and policies.
Conflict of Interest Policy
The Foundation’s Conflict of Interest policy serves as a guidepost for expected conduct in the event that the Board must reach a decision about an organization or activity in which one of its members has an interest that represents an actual, potential, or apparent conflict.
Members of Blue Shield of California Foundation’s Board of Trustees are expected to establish and maintain standards of fairness and integrity, as well as to satisfy their specific fiduciary duties. When entering into transactions with others, the overriding obligation of the Board is to exercise its discretion in the highest interest of the Foundation. In distributing Foundation resources to the community in the form of grants, the overriding obligation of the Board is to maximize the achievement of the Foundation’s mission while assuring that the Foundation acts with credibility, integrity, and fairness in dealing with the issues it addresses, and with grantee communities and organizations.