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The Various Tools and Processes that Community Foundations Use to Improve Practice




Who administers these standards?

Community Foundations National Standards Board is responsible for the administration of the standards.

At a Glance:

The Various Tools and Processes that Community Foundations Use to Improve the Practice

United States Areas/Aspects of Operations
Structure (who administers standards/ guidelines) Mission, Structure, Governance Resource Development Stewardship and Accountability Grantmaking and Community Leadership Donor Relations Communications

Community Foundations National Standards Board (or CFNSB)

Determination Committee of the CFNSB

Appeals Committee of the CFNSB

Government body: Internal Revenue Service


National Standards cover:

Mission Statement

Governance documents

Annual Report

Board nomination process


National Standards cover:

Annual Budget

Annual Audit

Evidence of Investment Performance Review

Policies on Finance


National Standards cover:

Gift/Fund acceptance policies

Evidence of Development Strategy for Operations and Funds

(diversified donor base and charitable programs)


National Standards cover:

Assessment of grant-making and community leadership>

Grants Guidelines

Policy or documented procedure for due diligence


National Standards cover:

Documentation of procedure ensuring that funds meet donor‘s intent

Evidence of donor education and participation


Annual Report with Audited Statements

www.cfstandards.org

various CF databases that promote one-stop philanthropy models for donors and partners