TS-FS-05
Trust & Stewardship
Financial Stewardship
CORE
Compliance
v2.9.7
Fundraising costs fairly reported
This criterion assesses whether the organization transparently and accurately reports the costs associated with its fundraising activities. Fair reporting of fundraising costs is essential for donor trust, regulatory compliance, and effective resource management. It specifically requires avoiding selective netting or exclusions that create a misleading impression that fundraising is ‘free’ or that all donations reach beneficiaries without explaining how fundraising and core operations are funded.
UK Charity Law
- Charity fundraising: trustee duties (CC20)
- Internal financial controls (CC8)
- Charities Act 2011 (amended 2016) (s.162A, ss.59-65)
ISO Standards
- ISO 37000 — Governance of organizations
Excellence Frameworks
Other Regulatory
Related Criteria
TS-FS-01 Trustees review management accounts
TS-FS-02 Banking, procurement & AML controls
TS-FS-03 Robust accounting system
TS-FS-04 Segregate and control Zakat vs Sadaqah (ledgers, banking, donor intent)
TS-FS-06 Statutory accounts externally audited/examined with clean outcome and filed on time (all applicable regulators)
Version
2.9.7
2025-11-05
Discussion (1)
Administrator
2026-03-07 11:07:47.591551
📋 **Version updated: 1.0.0 → 2.9.7** **Changes:** Updated islamic_references from mizan-297.json
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