March 26, 1998
Charities Fear New Code Will Deter Big Gifts
A revision in the National Society of Fund Raising Executives' ethics code may cause some charities to miss out unfairly on big gifts, some fund raisers fear.
The change was designed to clarify the society's longstanding policy against paying or accepting finder's fees to financial advisers and others who are pivotal in steering gifts to charities. The society expects all 17,000 of its members to follow its code of ethics.
Some fund raisers fear that
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