Policy 3.1.7 Fundraising and Donations

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ISLANDS TRUST CONSERVANCY POLICY MANUAL 
 
ISLANDS TRUST CONSERVANCY 
BOARD POLICY 
 
 
 
 
Policy number: 3.1.7  
 
Title: Fundraising and Donation Policy   
 
Approved By:  Islands Trust Conservancy Board    
 
                                              Date:  August 9, 2006 Resolution #: TFB 06/858 
 
Revised:    Date:  March 31, 2015 Resolution #: TFB-2015-054 
 
PURPOSE 
• To ensure fundraising activities meet the priorities of the Islands Trust Conservancy 
• To ensure donations are solicited in a coordinated and respectful manner 
• To define the Board’s role in gift acceptance and administration 
• To provide  information to  current and potential donors 
SCOPE  
This policy applies to all fundraising activities of the Islands Trust Conservancy and all gifts offered to the 
Islands Trust Conservancy Board (“Board”).  Notwithstanding this policy, the Board will consider each 
gift on its merits and will make the final decision on accepting or declining a gift. Gifts of land will 
generally be considered under ITC Policies 2.2 Assessing Conservation Proposals and 2.3 Acquisition and 
Management of Land. 
 
This policy does not apply to fundraising activities undertaken by external organizations in support of an 
Islands Trust Conservancy property, project or purpose.  
BACKGROUND 
The object of the Islands Trust is to preserve and protect the trust area and its unique amenities and 
environment. The Islands Trust Conservancy Board Five-Year Plan and Regional Conservation Plan 
outline the priorities of the Islands Trust Conservancy.  
 
The Islands Trust Act provides the authority for the Board to receive money and other property by way 
of donation for the purpose of carrying out the object of the Islands Trust.  The Board is an agent of the 

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ISLANDS TRUST CONSERVANCY POLICY MANUAL 
Crown and therefore a qualified donee
1
 under section 149.1 (1) of the Income Tax Act.  The Board and 
its staff solicit outright and deferred gifts from individuals, corporations, and foundations to achieve its 
mission and purpose.   
 
The Board strives to meet industry standards and best practices when conducting fundraising activities, 
including: 
• Canada Revenue Agency regulations and guidelines governing the fundraising activities of 
qualified donees; 
• The Association of Fundraising Professionals Code of Ethical Principles and Standards; and  
• The Canadian Land Trust Standards and Practices. 
Policy – General 
1. The Board will review and plan its fundraising priorities and goals on an annual or more frequent 
basis.  Fundraising activities will support the priorities set out in the Regional Conservation Plan. 
2. The Board will issue an official donation receipt for any gift of a fair-market value equal to or 
greater than $20. Donation receipts will be issued in compliance with regulations of the Canada 
Revenue Agency.    
3. The Board and its staff shall not give individualized financial, tax or legal advice to donors.  
Dono

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