3.9 Article

Applying a stakeholder management approach to ethics in charitable fundraising

Journal

JOURNAL OF PHILANTHROPY AND MARKETING
Volume -, Issue -, Pages -

Publisher

WILEY
DOI: 10.1002/nvsm.1731

Keywords

community centered fundraising; donor centered fundraising; ethics; fundraising; stakeholder management process; stakeholder theory

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This paper proposes a stakeholder management approach to ethics in fundraising, highlighting the intentional examination of multiple stakeholders involved in the fundraising process, including the organization, donors, beneficiaries, broader population, fundraisers, and community.
While nonprofit accountability literature recognizes many stakeholders, even theoretically grounded approaches to fundraising ethics tend to focus more narrowly on donors, organizations, and their missions. This paper draws on business ethics scholarship by proposing a stakeholder management approach to ethics in fundraising. This approach foregrounds intentional examination of the multiple stakeholders in the fundraising process: the organization; its donors; current beneficiaries; the broader population within the issue; the fundraisers themselves; and the community. Following stakeholder theory, ethical fundraising activities must align with the charitable mission of the organization, and take into account the legitimate interests of those groups and individuals who can affect, or be affected by, its activities. The process of intentionally identifying, prioritizing, mapping claims, engaging with, and monitoring stakeholders offers fundraisers, nonprofit executives, and members of governing and advisory boards a pragmatic means of aligning fundraising efforts with the mission, values, and long-term strategy of their organizations.

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