Policies and procedures: the silent bedrock of your daily interactions with supporters
Formal planned giving policies and procedures establish clear boundaries that protect the integrity of the program and the welfare of your donors. Drafting, reviewing and approving those policies and procedures give you, your volunteers and your board a brief crash course in planned giving fundamentals.
Ranging from gift acceptance policies and the treatment of the various planned giving vehicles to standard will clauses, investment and endowment policies, working with volunteers and financial advisors, and rules around donor competency, your procedures must be clear, comprehensive and in place before you begin to solicit Planned Gifts. And supporting the entire policy structure will be a Code of Ethics governing all of your interactions with supporters, donors, advisors, employees and prospects.
No one set of policies and procedures will fit all, and that’s where the PGgrowth team comes in. We are constantly reviewing policies and procedures in use by other organizations, adapting them to our clients’ unique circumstances, and reviewing them with legal counsel.
Our decades of experience and knowledge of the constantly-evolving traps and snares for unwary fundraisers can get you up and running quickly and keep you out of difficulty in the long term.