Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revision Previous revision
Next revision		 Previous revision
policies:drafts:donations [2024/12/15 23:48] – felixpolicies:drafts:donations [2024/12/18 20:18] (current) – matt
Line 5: Line 5:
   * The Fundraising Regulator's code of fundraising practice   * The Fundraising Regulator's code of fundraising practice
   * HMRC guidance for charity trustees.   * HMRC guidance for charity trustees.
-and is reviewed regularly by the trustees to ensure adherance to best practice and compliance with Bristol Open Technology Lab's lawful obligations.+and is reviewed regularly by the trustees to ensure adherence to best practice and compliance with Bristol Open Technology Lab's lawful obligations.
 ==== Trustees' Obligations ==== ==== Trustees' Obligations ====
 The trustees take overall responsibility for any decisions to accept or refuse a donation, and must take all such decisions in the best interests of Bristol Open Technology Lab. The trustees take overall responsibility for any decisions to accept or refuse a donation, and must take all such decisions in the best interests of Bristol Open Technology Lab.
  
-Bristol Open Technology Lab follows the principal of 'know your donor' and the trustees, or a party delegated by the trustees, will perform appropriate and proportional due dilligence and assessment of risk in line with this policy before making a decision to accept or reject a donation.+Bristol Open Technology Lab follows the principal of 'know your donor' and the trustees, or a party delegated by the trustees, will perform appropriate and proportional due diligence and assessment of risk in line with this policy before making a decision to accept or reject a donation.
 ==== Acceptance of Donations ==== ==== Acceptance of Donations ====
 === Anonymous Donations === === Anonymous Donations ===
-Bristol Open Technology Lab is able to accept anonymous donations where there are no suspicious circumstances. Any single anonymous donation or series of anonymous donations there is reason to believe are related totalling over £25,000 must be reported to the Charities Commission under the reporting serious incidents process.+Bristol Open Technology Lab is able to accept anonymous donations where there are no suspicious circumstances. Any single anonymous donation over £25,000, or series of anonymous donations totalling over £25,000 where there is reason to believe they are related, must be reported to the Charities Commission under the reporting serious incidents process.
  
 === Donations From Related Individuals and Organisations === === Donations From Related Individuals and Organisations ===
-Bristol Open Technology Lab values donations from individuals and organisations with whom we already have a relationship, however any such donation may not confer any reward or benfit beyond the usual recognition offered to all donors.+Bristol Open Technology Lab values donations from individuals and organisations with whom we already have a relationship, however any such donation will not confer any reward or benefit beyond the usual recognition offered to all donors.
  
 === Restricted Donations === === Restricted Donations ===
-Bristol Open Technology Lab is able to accept donations and legacies restricted to specific goals, however will only do so where those restrictions are able to be practically and lawfully met whilst working towards Bristol Open Technology Labs charitable objectives.+Bristol Open Technology Lab is able to accept donations and legacies restricted to specific goals, however will only do so where those restrictions are able to be practically and lawfully met whilst working towards Bristol Open Technology Lab's charitable objectives.
  
 ==== Refusal of Donations ==== ==== Refusal of Donations ====
Line 29: Line 29:
   * Where it can be shown that the cost to Bristol Open Technology Lab will exceed the value of the donation itself.   * Where it can be shown that the cost to Bristol Open Technology Lab will exceed the value of the donation itself.
   * Where the donation carries restrictions which are onerous, or cannot be met.   * Where the donation carries restrictions which are onerous, or cannot be met.
-  * Where the donation consists of goods, services, or property which Bristol Open Technology Lab cannot lawfully use or sell in support of it's charitable objectives. +  * Where the donation consists of goods, services, or property which Bristol Open Technology Lab cannot lawfully use or sell in support of its charitable objectives. 
-  * Where Bristol Open Technology Lab has good reason to believe that a doner lacks capacity to make a decision to donate, or is in a vulnerable circumstance which means they may not be able to make an informed decision.+  * Where Bristol Open Technology Lab has good reason to believe that a donor lacks capacity to make a decision to donate, or is in a vulnerable circumstance which means they may not be able to make an informed decision.
  
 Where donations consist of goods, services, or property further restrictions, such as those imposed by space constraints or the management of physical risk, may apply. Where donations consist of goods, services, or property further restrictions, such as those imposed by space constraints or the management of physical risk, may apply.
  
 ==== Returning Donations ==== ==== Returning Donations ====
-Bristol Open Technology Lab will not normally return a donation which has been acepted in good faith and in line with this policy, however in excptional circumstances where additional information has come to light the trustees may review a decision to accept a gift.+Bristol Open Technology Lab will not normally return a donation which has been accepted in good faith and in line with this policy, however in excptional circumstances where additional information has come to light the trustees may review a decision to accept a gift.
  • policies/drafts/donations.1734306518
  • Last modified: 3 months ago
  • by felix