LSE’s External Funding Acceptance Policy outlines the School’s approach to external funding acceptance adhering to ethical considerations and managing reputational risk. This is underpinned by the External Funding Acceptance Procedures which sets out the process for ethical review of grants and donations.
LSE only accepts funding when the identity of the funder is known. Ethical checks are conducted prior to approval on all proposed funding:
- Local checks are conducted on proposed donations up to £25,000;
- Initial due diligence is conducted on all proposed funding over £25,000;
- Full due diligence is conducted for proposals over £1,000,000.
All due diligence includes searches designed to identify ethical or reputational risks, this includes searches relating to both primary and secondary subjects to identify any ‘funder behind the funder’ or significant source of a donor’s wealth. Due diligence also includes family and close business associations and searches of a risk database to identify any sanctions, political associations and adverse media.
The School has an established External Funding Ethical Review Board (EFERB) comprised of senior academics who review due diligence and determine whether funding should be accepted for high value cases and cases where ethical concerns have been identified. The External Funding Ethical Review Board (EFERB) is a sub-Committee of the Ethics Management Board.
Membership
| Name |
Department |
| Louise Nadal |
School Secretary |
| Professor Tim Allen |
International Development/Firoz Laji Centre for Africa |
| Professor Sandra Jovchelovitch |
Psychology and Behavioural Science |
| Professor Al Bhimani |
Accounting |
| Professor Kevin Featherstone |
Hellenic Observatory/European Institute |
| Professor Richard Bradley |
Philosophy |
| Professor Pauline Barrieu |
Statistics |
| Professor Niamh Moloney |
Law |
| Professor James Putzel |
International Development |
| Professor Riccardo Crescenzi |
Geography and Environment |
| Professor Martin Anthony |
Mathematics |
| Professor David Kershaw |
Law |
| Professor Leigh Jenco |
Government |
| Professor Daniel Sturm |
Economics |
| Professor Andrew Street |
Health Policy |
| Professor Ellen Helsper |
Media and Communications |
| Professor Tirthankar Roy |
Economic History |
| Professor Giles Atkinson |
Geography and Environment |
| Professor Gilat Levy |
Economics |
| Professor Irini Moustaki |
Statistics |
| Professor Katrin Flikschuh |
Government |
| |
|
| Non Voting Members |
|
| Sophie Hutchinson |
PAGE Operational Director and Director of Alumni & Supporter Engagement |
| Fiona Metcalfe |
Director of Communications |
| James Walters |
Faith Centre and LSE Religion and Global Society and Senior Lecturer in Practice, Department of International Relations |
The dates for the 2022/23 academic year are:
- Wednesday 12 October 2022, 4-5.30pm
- Wendesday 25 January 2023, 4-5.30pm
- Wednesday 3 May 2023, 4-5.30pm
- Wednesday 28 June 2023, 4-5.30pm
Additional meetings may be scheduled as required.
External Funding Acceptance Policy (PDF)
External Funding Acceptance Procedures (PDF)
For advice on due diligence please contact the Donations Acceptance Team advancement.duediligence@lse.ac.uk