Fundraising Principles, Policies and Procedures
Approved by the ENA Foundation Management Board on 7.17.08
ENA Foundation requires all employees and volunteers, including donors and members, to adhere to ethical practices when soliciting constituents for the benefit of ENA Foundation.
ENA Foundation Development Department staff are held to the highest standards of ethical conduct in fund-raising, are trained and educated in ethical fundraising standards and principles, and are provided with resources to remain familiar with professional standards.
The ENA Foundation complies with all current federal and state rules regarding solicitation and collection of charitable contributions, whether specifically addressed in these Fundraising Principles, Policies and Procedures or not, as well as all future revisions to those rules.
Gift Acceptance General Policy
The ENA Foundation is a 501(c)(3) tax-exempt organization (tax # 36-3746084). Contributions made by donors may be eligible for a charitable contribution income tax deduction in accordance with IRS tax regulations.
The ENA Foundation will accept all donations of cash, cash equivalents, marketable securities and certain gifts-in-kind. All other donations in whatever form are subject to approval in advance of acceptance by the ENA Foundation board of trustees and management board.
Criteria for Acceptance:
The ENA Foundation must determine if a gift meets the criteria for acceptance. In general, a charitable contribution is a gift that has three essential elements: donative intent, delivery and acceptance. The following are the general guidelines that the ENA Foundation must consider in order to accept a gift.
- The gift substantially benefits ENA Foundation.
- The gift is complete, voluntary and unconditional. In addition, there should not be any substantial benefit transferred to the donor in return for the gift.
- The gift is free of substantial restrictions on the use of donated items. (Generally, if a donor imposes substantial restrictions on the use of the donated item, the charitable deduction may be disallowed by the IRS.)