Procurement Policy:

1. Objective: The procurement policy of Young Tinker Educational Foundation aims to ensure transparency, fairness, and efficiency in the procurement process while obtaining goods and services necessary for the organization’s operations.

2. Procurement Process: All procurement activities shall be conducted through a competitive, transparent, and accountable process, adhering to relevant laws and regulations in India.

3. Vendor Selection: Vendors will be selected based on criteria such as quality, cost-effectiveness, reliability, and adherence to ethical standards. Preference may be given to local and socially responsible vendors when feasible.

4. Financial Prudence: Procurement decisions will be made in consideration of the organization’s financial resources, striving for the best value without compromising quality.

5. Documentation: All procurement transactions will be appropriately documented, including requisitions, approvals, contracts, and receipts, to ensure accountability and transparency.

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Finance Policy:

1. Financial Management: The finance policy of Young Tinker Educational Foundation is committed to maintaining accurate financial records, ensuring compliance with legal and regulatory requirements, and optimizing financial resources to fulfill the organization’s mission.

2. Budgeting: Annual budgets will be prepared to align financial resources with organizational goals and priorities, with regular reviews and adjustments as necessary.

3. Financial Controls: Adequate internal controls will be established to safeguard assets, prevent fraud, and maintain the integrity of financial reporting.

4. Transparency: Financial information will be communicated transparently to stakeholders, including donors, board members, and staff, through regular reports and updates.

5. Ethical Standards: All financial activities will adhere to high ethical standards, promoting integrity, honesty, and accountability in financial management practices.

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HR Policy:

1. Recruitment and Selection: The HR policy of Young Tinker Educational Foundation aims to attract, retain, and develop qualified and diverse talent to support the organization’s mission and objectives.

2. Employee Relations: The organization is committed to fostering a positive work environment based on respect, fairness, and equal opportunities for all employees.

3. Training and Development: Opportunities for professional growth and development will be provided to employees to enhance their skills and capabilities in alignment with organizational needs.

4. Performance Management: Performance evaluations will be conducted regularly to assess employee performance, provide feedback, and identify areas for improvement or advancement.

5. Compliance: HR practices will comply with relevant labor laws and regulations in India, ensuring fair treatment of employees and adherence to employment standards.

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Conflict of Interest Policy:

1. Disclosure: All directors, officers, employees, and volunteers of the Young Tinker Educational Foundation are required to disclose any actual or potential conflicts of interest that may arise in connection with their duties to the organization.

2. Evaluation: Conflicts of interest will be evaluated by the Board of Directors or an appropriate committee to determine the appropriate course of action, which may include recusal from decision-making processes or other measures to mitigate conflicts.

3. Transparency: Decisions regarding conflicts of interest and related actions will be documented and communicated transparently to relevant stakeholders to ensure accountability and uphold the organization’s integrity.

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Whistleblower Policy:

1. Reporting Mechanism: Young Tinker Educational Foundation provides a confidential and anonymous reporting mechanism for employees, volunteers, and stakeholders to report concerns or suspected misconduct without fear of retaliation.

2. Investigation: Reports of misconduct will be promptly and thoroughly investigated by an independent party or designated committee to assess the validity of the allegations and take appropriate action as necessary.

3. Protection: Whistleblowers will be protected from retaliation or adverse consequences for reporting concerns in good faith, and confidentiality will be maintained to the fullest extent possible during the investigation process.

4. Non-Retaliation: The organization prohibits retaliation against individuals who report concerns or participate in investigations in accordance with this policy.

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POSCO/Child Protection Policy:

1. Commitment to Child Protection: Young Tinker Educational Foundation is committed to creating a safe and secure environment for children participating in its programs and activities, adhering to the principles outlined in the Protection of Children from Sexual Offences (POCSO) Act and other relevant laws and guidelines in India.

2. Prevention: Measures will be implemented to prevent and mitigate risks of child abuse, including screening and training of staff and volunteers, establishing codes of conduct, and implementing child safeguarding procedures.

3. Reporting and Response: Any suspected or alleged incidents of child abuse or misconduct will be reported to the appropriate authorities and handled promptly and sensitively, prioritizing the safety and well-being of the child.

4. Awareness and Training: Education and training on child protection policies and procedures will be provided to all staff, volunteers, and stakeholders to raise awareness and promote a culture of vigilance and accountability in safeguarding children.

5. Monitoring and Review: Child protection policies and procedures will be regularly reviewed and updated to reflect best practices and ensure ongoing compliance with legal and ethical standards for the protection of children.

This policy applies to all individuals associated with the Young Tinker Educational Foundation and is subject to periodic review and revision to ensure its effectiveness and alignment with the organization’s mission and values.