Institute of Fundraising updates its code of practice on handling cash

Handling of Cash and Other Financial Donations includes guidance on protecting charities from fraud and embezzlement

Code of practice has been updated
Code of practice has been updated

The Institute of Fundraising has published Handling of Cash and Other Financial Donations Code of Fundraising Practice, to help protect organisations from fraud, theft or embezzlement.

The code is an updated version of the Handling of Cash Donations code. It includes guidance on different types of donations and gives details on tax-effective giving and processing donations using tills.

A statement from the IoF said the code would help to "protect the organisation from fraud, theft or embezzlement, protect staff or volunteers from accusations of dishonesty or the temptation to commit fraud, and assure donors that their donations and gifts are used for the purpose for which they were given".

Sarah Tirrell, policy and codes of practice manager at the IoF, said the organisation wanted its guidance to follow giving trends as closely as possible.

"As fundraisers, we know that donations don’t begin and end with cash, although this remains an important means by which people give to charity," she said.

"The IoF’s recent campaign to save cheques illustrates the importance of the diverse donation methods that exist. And this new code also shows the variety of ways in which donors now support charity."

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