Domain 6: Ethics (10%) Flashcards
1
Q
Donor Bill of Rights
A
- to know about the org & its use of donations
- to know who is serving on the board
- have access to recent financial statements
- donations are used for the purpose they were intended
- to be acknowledged & recognized
- for donor’s info to be confidential & used respectfully
- that all interactions with org reps will be professional
- to know if the person asking for money is staff, volunteer or hired solicitor
- opportunity to remove themselves from mailing lists before they are shared with other orgs
- to be able to ask questions & get answers that are prompt, honest and forthright
2
Q
Objectives for Gift/Pledge Reports
A
- Accurate funding reports
- Understanding of fundraising performance analysis of performance activity
- Compare prior and current performance
- Compare solicitation-method performance against an organization’s plans
- Prepare and justify budgets
- How dollars spent affected results
- Analyze donor performance
3
Q
3 Primary areas for Reporting
A
- Sources of gifts and pledges
- Purposes of/uses for the money
- Results of each fundraising program
4
Q
Stewardship Includes
A
- Managing and protecting funds
- Recording and tracking gifts to ensure the correct use
- Responding to and thanking donors
- Recognizing donors and reporting results to them
- Protecting donors’ privacy and rights
5
Q
What prospects & donors want to know about your organization & their gifts
A
- Confidence their own needs/wants are being met
- How their contributions will be used
- Who is managing the organization
- Confidentially is maintained
- Interim reports on how things are going
- outcomes their contributions supported
- that they’ll receive appropriate recognition
6
Q
What volunteers want to know about your org
A
- Their time is used effectively and efficiently
- Their efforts are contributing to a worthy cause
- Staff is sufficiently knowledgeable
7
Q
What watchdog organizations want to know about your org
A
- How funds are being spent
- The success rate of programs
- What percentage of donations is spent for admin costs
8
Q
AFP Code of Ethics key points
A
A fundraiser must -seek to inspire others through dedication and purpose -commit to improvement of knowledge & skills -practice intergrity, honesty and full disclosure
9
Q
Info you need to keep for accountability
A
- How to contact the donor
- Donor’s history of participation
- Proper accounting of each contribution
- Security and confidentiality issues
- Ethical considerations about what data to keep
10
Q
7 sources for development plan evaluation
A
- Job Descriptions
- Annual performance expectations
- Action plan and timetable
- Department Budget
- Prospect records and system
- Donor records and system
- Results reports
11
Q
What gift/pledge reports provide
A
- Percentages of participation
- Renewal rates and average gift size
- Volunteers’ personal solicitation performance
- Donors’ response to recognition
- Special event ticket sales
12
Q
Areas the board oversees
A
- Oversight of the CEO
- Use of legal counsel for situations that arise on a continuing basis
- Use of consultants and experts
- awareness of potential conflicts of interest and ethical issues
- Ensuring that appropriate and adequate safeguards are in place to maintain confidential information
13
Q
What should be included in Investment Policies
A
- Parameters for rate of return
- Who makes investment decisions
- Where and how funds are to be invested
- How gifts of stock are handled
- What types of gifts and gift restrictions will or will not be accepted
14
Q
Publications to subscribe to keep current on legal requirements
A
- AFP eWire
- Advancing Philanthropy
- Chronicle of Philanthropy
- CASE Currents
- Financial Accounting Standards Board
15
Q
What legal requirements govern
A
- How contributions are recorded & acknowledged and the return to donors
- Accepting gifts across borders
- Internet solicitation
