Share

Alert clients to conflicts of interest, Institute tells consultants

Alert clients to conflicts of interest, Institute tells consultants
News

Alert clients to conflicts of interest, Institute tells consultants

Fundraising | Gemma Ware | 4 Apr 2008

Fundraising consultants ought to alert prospective clients to any potential conflicts of interest with work they are undertaking for other charities, according to the Institute of Fundraising’s new code of best practice for fundraising consultants.

The code is the first to cover the relationship between consultants and charities and describes the appropriate conduct for consultants. It says consultants ought not to represent conflicting or competing interests “without the express consent of the parties concerned after full disclosure of the facts”. It also warns consultants against denigrating other “bona fide” consultants. 

Megan Pacey, director of policy and campaigns at the Institute, said the code aimed to make charities aware consultants could be competing for the same pound. “In the spirit of openness and transparency, you would declare those conflicts of interest so that doesn’t happen further down the line.”

The consultants code also reiterates that consultants should not be paid by commission-only methods, which the Institute said could lead to an adverse reaction from donors, bad practices such as ‘hard-sell’, or in the case of a large gifts, an “unacceptably high level of remuneration”.

The Institute is shortly to launch a review of its Payment of Fundraisers on a Commission Base code of practice, which Pacey said might look to expand the code to cover all the ways a charity could employ a fundraiser.

Comments

[Cancel] | Reply to:

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

  • Robust but respectful debate
  • Strongly held opinions
  • Intelligent relevant discussion
  • The sharing of relevant experiences
  • New participants

We will not publish:

  • Rude, threatening, offensive, obscene or abusive language, or links to such material
  • Links to commercial organisations or spam postings. The comments board is not an advertising platform
  • The posting of contact details for yourself or others
  • Comments intended for malicious purpose or mindless abuse
  • Comments purporting to be from another person or organisation under false pretences
  • Gratuitous criticism, commentary or self-promotion
  • Any material which breaches copyright or privacy laws, or could be considered libellous
  • The use of the comments board for the pursuit or extension of personal disputes

Be aware:

  • Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
  • Comments left by others may not be accurate, do not rely on them as fact
  • You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

  • Enjoy the opportunity to express your opinion and respect the right of others to express theirs
  • Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.

Tags

Free eNews

Wellcome Trust's investment portfolio reaches £18bn

19 Dec 2014

The Wellcome Trust has posted a 15.4 per cent return on its investment portfolio, earning £2.5bn for...

HMRC tax statistics suggest large rise in charitable giving

19 Dec 2014

Tax relief on giving is expected to rise by 11 per cent in the year to March 2015, suggesting a large...

Andrew O’Brien moves from NCVO to head CFG’s policy team

19 Dec 2014

Andrew O’Brien is to join the Charity Finance Group as head of policy and public affairs.

PDSA plans to change objects to offer paid for services

19 Dec 2014

The Charity Commission has sided with the People’s Dispensary for Sick Animals on a decision that would...

Charity Commission exercises inquiry powers four times as often as previous year, report shows

19 Dec 2014

The Charity Commission investigated almost 2,000 charities in the year to March 2014 and used statutory...

DWP promises measures to improve charities’ experience of the Work Programme

18 Dec 2014

The Department for Work and Pensions has agreed to introduce measures expected to improve the Work Programme...

CRUK crowdfunding effort flops

15 Dec 2014

Cancer Research UK’s three new crowdfunding campaigns did not manage to raise even 10 per cent of the...

Volunteering platform Do-it relaunches

12 Dec 2014

Online volunteering platform Do-it has been relaunched today by its new owner, the Do-it Trust, with more...

‘The challenge is getting people to use IT systems’

28 Nov 2014

Whatever type of customer-relationship management system charities use, the biggest challenge is convincing...

Join the discussion

Twitter button

@CSFundraising