# New IoF Code is more than just compliance

- Link: https://fundraising.co.uk/2012/11/19/new-iof-code-more-just-compliance/
- Published: 2012-11-19T11:19:35+00:00
- Author: Simon George

**This month, the IoF launched its new consolidated Code of Fundraising Practice.
It might be tempting to think that this is just more regulation, designed to make
life more difficult for struggling fundraisers – but far from it.**

The new single code pulls together the key elements of the previous range of codes
into one shorter and simplified form, based on the four central principles that 
fundraising should be legal, open, honest and respectful. This is something any 
decent fundraiser can sign up to.

## Guidance

There are two key points here. First, the Code provides helpful guidance on a wide
range of issues, from raising funds from major donors, to using the telephone, running
events and even to working with children. It is nothing if not topical. When read
in conjunction with the more comprehensive guidance notes on the IoF website, it
provides a handy checklist of what is a legal requirement and what is seen as good
practice in each area.

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## Relevant to the whole organisation

Secondly, the Code is relevant to the whole organisation that is raising funds, 
not just to the fundraising department. It spells out obligations which affect trustees,
senior management and the finance department. Ignore it at your peril.

For charities that are members of the Fundraising Standards Board, adherence to 
the whole Code is mandatory, not just those parts which are legal obligations.

The really key point about the Code is that, if properly implemented, it will engender
greater trust among donors, which we know is a vital aspect of the relationship 
between them and their chosen causes. By being aware of it and practising its four
principles, you can use it to build trust and enhance donor relationships, demonstrating
your organisation’s integrity and worthiness to receive support. This can only strengthen
your fundraising case at a time when some donors are making hard choices about which
causes to support and which to drop.

If you have not yet read the Code, take a look here:  [http://www.institute-of-fundraising.org.uk/guidance/code-of-fundraising-practice/](http://www.institute-of-fundraising.org.uk/guidance/code-of-fundraising-practice)
You may be surprised at what you find.