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public trust, transparency and conflicts of interest

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public trust, transparency and conflicts of interest

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Adhering to these principles is crucial because it ensures professionalism, ethical conduct, and integrity within a profession. It protects the interests of clients, organizations, and the profession itself, while fostering trust, respect, and accountability. These guidelines help avoid conflicts of interest, legal issues, and potential harm to reputations, ensuring that all actions are conducted with honesty, respect for intellectual property, and confidentiality. This approach not only enhances the quality and reliability of professional services but also upholds the dignity and respect of the profession in society.

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PUBLIC TRUST, TRANSPARENCY & CONFLICTS OF INTEREST is most important because public trust is the most important for any organization or profession. Engaging in activities that brings the profession into disrepute not only harms the individual members but can tarnish the reputation of the entire organisation.

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Aarushi - TREATMENT OF CONFIDENTIAL & PROPRIETARY INFORMATION

Members shall:

17 not disclose privileged or confidential information to unauthorized parties.

18 adhere to the principle that all donor and prospect information created by, or on behalf of, an organization or a client is the property of that organization or client.

19 give donors and clients the opportunity to have their names removed from lists that are sold to, rented to or exchanged with other organizations.

20 when stating fundraising results, use accurate and consistent accounting methods that conform to the relevant guidelines adopted by the appropriate authority.

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TREATMENT OF CONFIDENTIAL & PROPRIETARY INFORMATION

Members shall:

17 not disclose privileged or confidential information to unauthorized parties.

18 adhere to the principle that all donor and prospect information created by, or on behalf of, an organization or a client is the property of that organization or client.

19 give donors and clients the opportunity to have their names removed from lists that are sold to, rented to or exchanged with other organizations.

20 when stating fundraising results, use accurate and consistent accounting methods that conform to the relevant guidelines adopted by the appropriate authority.

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"Ensure that contributions are used in accordance with donors' intentions. Ensure proper stewardship of all revenue sources, including timely reports on the use and management of such funds."

I think this rule is really important because if an organization is fortunate enough to receive a donation from a donor, and this donor has specified their intentions with how they want their donation to be used, then it is important that the organization respects and fulfills this. Organizations who do not do this, go against the ethical code as they are being dishonest towards the donor, whose donations is an critical part of the running of their organization. It also reflects poorly on the organization because it demonstrates that they do not value their donors nor their donations because they choose to dismiss the wishes of the donors. It is imperative that organizations be honest and transparent with how they handle their donations, whether that be creating reports or logs to highlight how they are using and managing the funds they receive from donors. This shows the donors that their donations are being used the way they intended. By not adhering to this rule, organizations risk losing potential or future donors which as stated above, is a major source of revenue.

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Ensure that all solicitation and communication materials are accurate and correctly reflect their organization’s mission and use of solicited funds.

This is a very important code because it will  be beneficial to the company itself and creating clarity for those that will be donating for the organization.A perfect reflection between the founder and donor can create greater opportunity of many more connections and contribution.

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Erin - obtain explicit consent by donors before altering the conditions of financial transactions.

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Erin - obtain explicit consent by donors before altering the conditions of financial transactions.

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This is an important code to follow when requesting sponsorship for fundraisers or charity, as we must remember those sponsoring are in partnership with us. It is their company or organizations name on the donation and it is our duty to keep them in the loop of where their finances are going and how they will be used for the charity. It helps to build rapport and trust between charity and sponsor.

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Ensure that contributions are used in accordance with donors' intentions

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Ensure that contributions are used in accordance with donors' intentions

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This is where most Non-profit organizations who may misrepresent (or are absent/lack of stewardship) information or financial contributions can lose their vision.

It is incumbent upon all organizations to be transparent and to not misrepresent any funds. It is the obligation of the organization to keep open communication at the forefront of all financial interactions.

Donors and external bodies are to be abreast of all and or any deficiencies and discrepancies of recourses in addition to keeping strict processes and procedures of stewarding those funds.
Paul B

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Members shall ensure that all solicitation and communication materials are accurate and correctly reflect their organization’s mission and use of solicited funds

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Members shall ensure that all solicitation and communication materials are accurate and correctly reflect their organization’s mission and use of solicited funds

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As part of the success of a fundraiser, it is important to ensure that all materials used for solicitation and communication correspond accurately with the organization's mission and the intended use of funds to gain the confidence of potential donors. If you want people to respect your integrity, it's your responsibility to use the money responsibly once you receive it. It means that you need to provide donors with accurate information on how funds will be spent, no matter if they give $1 or $1000. By ensuring that the correct information is communicated, you can maintain good relationships with them and increase donations.
- Jerilee

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(PowerPoint - 4) Compensation, bonuses and finder's fees

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(PowerPoint - 4) Compensation, bonuses and finder's fees

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They're all really important, not creating financial gains for the organization/donor seems is crucial. Creating these guidelines prevents non-profit/not-for-profit organizations from deviating from their purpose and serve their population without the need to hit certain benchmarks. Doing this would cause the organization to work in the best interest of themselves and not the population it serves.
- Amy

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 Not disclose privileged or confidential information to unauthorized parties.

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 Not disclose privileged or confidential information to unauthorized parties.

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This is incredibly important in not just the realm of social service work, but in any sector where information should not be shared to unauthorized parties. Once information gets out, parties can assume it is 'fair game' which defeats the purpose of confidentiality as a whole.

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1 - Public trust, transparency and conflicts of interest.

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1 - Public trust, transparency and conflicts of interest.

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An imperative part when forming the beginning, middle and end stages of a fundraiser is having public trust, being transparent about your intentions behind your fundraiser and the purpose of it while having the best interest of every individual involved. These first steps, like transparency, respect and best interests of fundraising ethics are the building blocks to creating a successful and possibly ongoing in some cases, fundraiser. Additionally, one that others will benefit from. I feel that if you do not take this first set of ethics into consideration, it is creating opportunities for harmful practices and failures when it comes to reaching the overall goal of your fundraiser.

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1 ) protect the confidentiality of all privileged information relating to the provider/client relationships

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1 ) protect the confidentiality of all privileged information relating to the provider/client relationships

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I feel that this rule is important because it keeps the confidentiality of the client that is support the organization. An example I can think of in my placement is a donor supporting a safe injection site. There are protestor and people that are against safe injection site and will go after the donor. This donor life can change if their confidentiality is broken and they can become endanger or deal with consequences. If a organization cant keep confidentiality, there is not point in doing a donation.

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I think that this rule is important especially with regards to funding and fundraisers because it seeking funding (i.e., grants, sponsors, etc.) and fundraisers can be quite competitive at times as there are many services going for the same grants, sponsors, etc. Therefore it is important to keep this rule in mind and remember that the goal is to support the individuals, families, and/or communities. Therefore it is important that we do not put down our competitors to lift ourselves up because the only people who suffer in that case is the individuals, families, and communities who need the service the agencies provide.

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ensure that all solicitation and communication materials are accurate and correctly reflect their organization’s mission and use of solicited funds

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ensure that all solicitation and communication materials are accurate and correctly reflect their organization’s mission and use of solicited funds

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I think this rule is really important because it guides the use and ethics of the funds received, informs donors, service recipients, potentially cooperative organizations, and others of your organizations planned use of the funds, possible affects, continued evaluation, and potential future outlooks. To me, this rule considers all parties, encourages planning, honesty, and collaboration, as well as being accountable for your words and actions.

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Asha -Public trust, transparency & conflict of interest

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Asha -Public trust, transparency & conflict of interest

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I think the above rule is important as it the foundation that makes the other rule to follow.  The whole idea of having the rule is for the public, investors, donors, people working together to develop trust and have faith in giving quality life to the cause they serve.  To show committment that the work carried is based on intergrity and to fulfil their mission by adhering to the rules so that outcome or results are attained.