- A nonprofit board and executive should be familiar with the Association of Fundraising Professionals’ Code of Ethical Principles and Standards of Professional Practice
, and a Donor Bill of Rights and ensure that all fundraising professionals acting on behalf of the organization adhere to these principles and standards.
- A nonprofit must comply with all local, state and federal laws and regulations concerning fundraising practices. *ME/US
- A nonprofit’s board assumes overall responsibility for raising sufficient funds to meet the organization’s budgeted objectives.
- A nonprofit must file an annual charitable solicitation registration (or an annual exemption) and an annual fundraising activity report with the Maine Department of Professional and Financial Regulation. *ME
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