International Primary Care Respiratory Group
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Sponsorship Policy
The IPCRG recognises the value of partnership in working to achieve its goals and welcomes sponsorship for its activities as long as
This policy is separate from the arrangements for membership and associate membership of the IPCRG. The rules of membership are laid out in the Memorandum and Articles of Association.
It applies to all IPCRG activities including:
Sponsorship is defined as in-kind or financial support for IPCRG activity separate from the membership subscription fee or unrestricted donations.
Appendix 1 describes the IPCRG's accounting policy in relation to sponsorship.
The IPCRG will not accept sponsorship from organisations whose products do not support improvement in health and in particular in respiratory health. Examples include, but are not limited to, the tobacco industry.
Acknowledgement will be made of the supporting company or individual, not of its products. Wording may be "We gratefully acknowledge the generosity of [company name] in providing an unrestricted educational grant for this project". This will be accompanied by the Company logo in a location and size determined by the IPCRG.
APPENDIX - RELEVANT ACCOUNTING POLICY
Funds will be accounted for as follows, to meet accounting standards laid out in the Statement of Recommended Practice 2000 (SORP) for charities.
Unrestricted funds
Unrestricted funds are available to the directors to apply for the general purposes of the IPCRG as laid out in its Memorandum and Articles. Unrestricted donations and member subscriptions will be accounted for here.
Designated funds
The directors may choose to designate some of the IPCRG's unrestricted funds for a particular purpose. These will be accounted for within its unrestricted funds and called designated funds. If any funds are left then they should be released from designated funds.
Restricted funds
Funds from income in the form of sponsorship will normally be applied for particular purposes - which have been specified by the donor and will be called restricted funds and accounted for separately. Unless specifically forbidden by the donor a reasonable allocation of overhead expenses of 30% (eg management and administration; costs of generating funds) can be set against restricted funds.
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Group.
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