DONOR EXPECTATION POLICY

 

Category:                Donor Relationships

Origin:                    Tri-County’s Consumer Foundation

 

 

2.01    PURPOSE_ 1

2.02    POLICY_ 1

2.03    Donor Expectations 1-2

 

2.01 PURPOSE

 

To establish a transparent framework for individuals donating to Tri-County’s Consumer Foundation.   TCCF will meet state and federal legal requirements for non-profits providing financial assistance and will offer full disclosure of all fundraising practices and costs, demonstrate accountability and respect for donors, and uphold the highest standards in financial management.      

 

2.02 POLICY

 

Philanthropy is based on voluntary action for the common good.  It is a tradition of giving and sharing that is primary to the quality of life.  To assure that philanthropy merits the respect and trust of the general public, and that donors and prospective donors can have full confidence in the not-for-profit organizations and causes they are asked to support, we declare that all donors have the following rights: 

                      

 

2.03 DONOR PROCEDURE

 

• Donors will be informed of the organization’s mission, of the way the organization intends to use donated resources, and of its capacity to use donations effectively for their intended purposes.

• Donors will be informed of the identity of those serving on the organization’s governing board, and to expect the board to exercise prudent judgment in its stewardship responsibilities.

• Donor will have access to the organization’s most recent financial statements as requested.

• Donors will receive acknowledgement and recognition as requested by the individual donor. 

• Donors will receive a written donation receipt that will include the non-profit designation IRS Code 501(c)(3) of Tri-County’s Consumer Foundation.

• Donors will be assured that information about their donation is handled with respect and with confidentiality.

• Donors can expect that all relationships with individuals representing Tri-County’s Consumer Foundation will be professional in nature.

• Donors will be informed as to whether those seeking donations are volunteers, employees of the organization or hired solicitors.

• Donors have the opportunity for their names to be deleted from mailing lists that an organization may intend to share – a consent form/opt-out form will be signed in advance of sharing any information about the donor.

• Donors will feel free to ask questions when making a donation and to receive prompt, truthful and forthright answers.