From time to time, the Society may incur disbursements to an organization in which a director of its board or a related party to a director may have an interest. In this case, the director declares a potential conflict of interest and refrains from participating in any related discussion or decision-making in order to avoid a conflict of interest.

 

For the fiscal year 2018/2019, from September 1, 2018, to August 31, 2019, the Cancer Research Society transacted with three organizations, each related to a different director of the board of directors. Payments to these organizations totalled $ 85,739. Services provided included one year of a research grant, cyber security consulting services and investment custody fees.