September Editorial
How well do you sleep at night? Standards of practice for the charitable gift planner

As fundraisers, part of our role is to encourage and adhere to responsible gift planning by adopting standards of practice both personally and in the institutions we represent.  The question is are we doing it?   Have we developed ethical codes of conduct for our individual organizations?  Have we adopted or adhered to professional codes set out by the National Committee of Gift Planners, the Association of Fundraising Professionals or other professional organizations?

 

The National Committee on Planned Giving has Model Standards of Practice for the Charitable Gift Planner on their website covering a range of areas:

 

1. Primacy of Philanthropic Motivations

 

2. Explanation of Tax Implications

 

3. Full Disclosure

 

4. Compensation

 

5. Competence and Professionalism

 

6. Consultation with Independent Advisors

 

7. Consultation with Charities

 

8. Descriptions and Representation of Gift

 

9. Full Compliance

 

10. Public Trust

 

For the full model standards of practice go to:  www.ncpg.org/ethics 

 

What’s Your Opinion?  These standards were adopted and subscribed to by the National Committee on Planned Giving and the American Council on Gift Annuities, May 7, 1991 and revised April 1999.  Do you feel that they need to be updated at this time or are they still relevant?

 

Ask yourself truthfully; do you need a refresher on the standards?  Do your staff? What are some of the ethical dilemmas you have faced (personally or professionally) as a fundraiser?  These could include:

  • Legal issues

  • Prospect research

  • Data protection

  • Legacies

  • Diversity

  • Tax issues

  • Opportunities to expand relationship

  • Relationship between donor and fundraiser

 

Share your ethical dilemmas with our readers in our next issue by emailing the editor at: editor@plannedgivingpulse.com

 

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