ECFA Fund Raising Ethics

 The Evangelical Council for Financial Accountability (ECFA) was organized in 1979 with the goal to necessitate the highest standards of financial responsibility and disclosure by nonprofit organizations to government, donors, and other interested individuals. ECFA gives a seal of membership to organizations who qualify, and they provide constant services, information, and consultation to its member.

To be able to encourage ethics and consistence in public fund raising appeals, the ECFA developed a brochure titled Standards of Responsible Stewardship which serves as their fund raising ethics.  These fund raising ethics are directly applicable to church clients as well as other nonprofit organizations who raise their main support from the public sector. Here is a summary of the ECFA fund raising ethics or Standards of responsible Stewardship:

Fund Raising Ethics on Doctrinal Statement
All member organization will organize a written statement of faith clearly declaring its pledge to the evangelical Christian faith.

Fund Raising Ethics on Board of Directors
All member organization shall be administered by a group of not less than five people, not related to management or employed, to create policy and review its achievements.

Fund Raising Ethics on Audited Financial Statements
All member organization will get hold of an annual audit performed in accordance with normally accepted auditing standards (GAAS) guaranteeing that financial statements are presented according to generally established accounting principles (GAAP).

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