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The Standard
During the gift planning process, the role and relationships of all parties involved are fully disclosed to the donor.
Underlying Rationale
Timely and full disclosure of any and all benefits that may accrue to involved parties insures the confidence donors place in a community foundation and protects the donors’ and the community’s interest.
Potential Outcomes
- Donors’ interests are protected by fully disclosing what benefits, if any, accrue to parties associated with the making of a gift or establishment of a fund.
- The community foundation’s integrity is protected.
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