It is essential to be seen to be managing incoming and outgoing money legally and transparently. This includes meeting your legal obligations with regard to: fundraising activities and grant aid funding, including rules on public events, collections, lotteries, data protection (when using a database of supporters for fundraising), insurance and risk assessment. Visit the Institute of Fundraising website to check you are up to date.accepting legaciesany requirements imposed by funderswork undertaken under a contract or service level agreementrequirements made by regulatory bodies such as the Housing Commission or the Commission for Social Care Inspection, that apply to the type of work you undertake. Source: Published with permission from Cass Centre for Charity Effectiveness. This material is taken from “Tools for Success: doing the right things and doing them right”. Useful links Charity CommissionInstitute of FundraisingCharity fundraising and the law – Guardian Q&A written by law firm Bates Wells and Braithwaite (Sept 09). Have your say Have you faced challenges involving funding and income recently? What advice would you give to others? Ask questions, and share your knowledge by joining in a discussion on the Fundraising forum.
- Generating income
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