The Various Tools and Processes that Community Foundations Use to Improve Practice
An Accreditation-like Process
The setting up of community foundations in Australia initiates potential founders to a long process required for the formation and operation of a charitable and tax exempt organization. This process, though not an accreditation, is similar to one given its requirements.
A Community Foundation Development Officer from Philanthropy Australia, to which all community foundations belong, assists in this process, specifically to clarify what a community foundation is and how it operates.
The steps involved in setting up a community foundation are guided by a manual developed from the Canadian manual.
Milestones in the setting up of a community foundation are:
Standards and Quality Control
Once the community foundation is operating, it is required to file an annual report with Corporate Affairs and to have an Annual General Meeting where Audited Accounts are tabled and approved.
Once a year, the Community Foundation Forum is held offering sessions on legal issues, tax, and grant making to ensure grants are made to the appropriately structured not-for-profits. The Forum is a "major quality control check point.”
A listserve online system is maintained by Philanthropy Australia. The listserve allows inquiries or topics of interest to be discussed by the collective.
Andrew Lawson, commented that there is ‘quality control’ over key aspects of operations:
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