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policies:drafts:donations [2024/12/16 21:36] felixpolicies:drafts:donations [2024/12/18 20:18] (current) matt
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   * 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 ===
  • policies/drafts/donations.1734384999
  • Last modified: 3 months ago
  • by felix