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1 bring credit to the fundraising profession by their public demeanor; 2  encourage colleagues to embrace and practice these ethical principles and standards of professional practice; and.  be aware of codes of ethics promulgated by other professional organizations that serve philanthropy.
1. Ethics are rules of conduct. Laws are rules developed by governments in order to provide balance in society and protection to its citizens. 2. Ethics comes from peopleâs awareness of what is right and wrong. Laws are enforced by governments to its people. 3. Ethics are moral codes which every person must conform to. Laws are codifications of ethics meant to regulate society. 4. Ethics does not carry any punishment to anyone who violates it.