Donor Acceptance Policy

Purpose

This policy sets out the criteria and process for accepting donations, ensuring that all donations align with Towerblock Radio CIC's mission, values and reputation.

Scope

This policy applies to all donations offered to Towerblock Radio CIC, including individual donations, corporate donations, major gifts and in-kind donations.

Definitions

• Donation means a voluntary transfer of money or goods to Towerblock Radio CIC without expectation of benefit in return.
• Major gift means a significant donation, typically above a threshold set by the board.
• In-kind donation means a donation of goods or services rather than money.

Responsibilities

The board reviews and approves major donations. The Finance Lead processes donations. The Fundraising Lead (if appointed) manages donor relationships.

Policy Statement

Towerblock Radio CIC welcomes donations that support its mission and align with its values. We will not accept donations that could compromise our independence, integrity or reputation.

Detailed Procedures

Criteria for acceptance

A donation may be accepted where:

• It supports the mission of Towerblock Radio CIC.
• The donor's values and practices do not conflict with Towerblock Radio CIC's values.
• The donation does not impose conditions that compromise editorial independence.
• The donation does not create a conflict of interest.
• The source of funds is legal and ethical.

Due diligence

For major gifts (above a threshold set by the board), due diligence is conducted on the donor, considering:

• The donor's reputation and public image.
• The source of the donor's wealth.
• Any potential conflicts of interest.
• Any risks to Towerblock Radio CIC's reputation.

Anonymous donations

Anonymous donations may be accepted where the amount is reasonable and the source can be verified as legitimate. Large anonymous donations require board approval.

Restricted donations

Donations given for a specific purpose are treated as restricted funds and managed in accordance with the Restricted Funds Policy.

In-kind donations

In-kind donations are recorded in the asset register and acknowledged. The value of significant in-kind donations is included in the annual accounts.

Acknowledgement

Donors are thanked and acknowledged unless they request anonymity. Major donors may be acknowledged on the website or in the annual report.

Refusing donations

A donation may be declined where:

• The donor's activities conflict with Towerblock Radio CIC's values.
• The source of funds is illegal, unethical or unclear.
• The donation creates a conflict of interest.
• Acceptance would damage the organisation's reputation.
• The donation imposes conditions that compromise independence.

Records

All donations are recorded with the donor's name (unless anonymous), amount, date, purpose and any restrictions.

Reporting Process

Donations are reported to the board at each meeting. Major donations are reported immediately.

Compliance Requirements

• Community Interest Company Regulations 2005.
• Companies Act 2006.
• Bribery Act 2010.
• Fundraising Regulator guidance (best practice).

Monitoring

The board reviews donor relationships and donation trends annually.

Review Cycle

This policy shall be reviewed annually.

Version Number

Version 1.0

Approval Section

Approved by: Towerblock Radio CIC Board Date: July 2026 Next review: July 2027

Related Policies

• Funding Acceptance Policy
• Fundraising Ethics Policy
• Sponsorship and Partnership Policy
• Restricted Funds Policy
• Finance Controls Policy

Website URL slug

/policies/donor-acceptance-policy

Meta Title

Donor Acceptance Policy | Towerblock Radio

Meta Description

Towerblock Radio CIC's donor acceptance policy defining criteria, due diligence, anonymous donations, restricted donations, in-kind donations and refusal of donations.

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Funding

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donor acceptance, donations, major gifts, due diligence, anonymous donations, in-kind, fundraising