FYI: From Albany to Washington, D.C., policymakers are ever more intent on focusing their regulatory eyes as closely on the nonprofit sector as they recently have on the corporate one. So the nonprofit sector’s “industry” groups are coming up with ways to show that nonprofits are interested in, and capable of, watching over themselves as well. To that end, the D.C.-based Independent Sector unveiled last week a model code of ethics for nonprofits and grantmakers to use. The code, developed by a board of IS member organizations, lays out broad ethical principals on a range of topics, such as fundraising, diversity and program evaluation. “Donors, members of the public and lawmakers are all taking a closer look at how the sector does its work,” Independent Sector head Diana Aviv said in a statement announcing the code’s release. “We want to be sure that what they see meets the highest possible standards of ethical practice.” [2/17/04]

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