Community Foundation for Crawford County earns National Standards accreditation
The Community Foundation for Crawford County has received accreditation with the nation’s highest standard for philanthropic excellence.
The National Standards for U.S. Community Foundations Accreditation Program establishes legal, ethical and effective practices for community foundations everywhere.
“Meeting the national standards benchmarks is a rigorous, comprehensive process,” Randy Royster, board member of the Council on Foundations, said in making the announcement in a news release. “This accreditation is a significant accomplishment that indicates the Community Foundation for Crawford County demonstrates a commitment to transparency, quality, integrity and accountability as it carries out its mission.”
The National Standards for U.S. Community Foundations Accreditation Program requires community foundations to document their policies for donor services, investments, grantmaking and administration. With more than 500 community foundations already accredited nationwide, the program is designed to provide quality assurance to donors, as well as to their legal and financial advisers.
“When people make a charitable bequest or establish a fund, they are putting their trust in us,” said Lisa Workman, Foundation president. “They are counting on us to manage the investment wisely, honor their charitable wishes and ensure that the charitable act will continue forever. The National Standards accreditation says our house is in order.”
The Crawford County foundation works to meet critical community needs and support local causes, including feeding children, supporting the arts, promoting health, assisting in economic development and celebrating local history.
The foundation offers a range of charitable funds, allowing donors to advance a cause, support an individual organization, provide flexible support for community needs or recommend individual grants. In addition to affirming the organization’s philanthropic services, the accreditation validates the foundation’s grant-making practices for the nonprofit community.
“Grant-making is a lot like investing,” said Dr. Joe Shadeed, board chair. “We need to assess risks, weigh potential gains, diversify assets, monitor performance and operate fairly. With our National Standards accreditation, you can be assured that we’re doing just that.”
National Standards for U.S. Community Foundations is the first program of its kind for charitable foundations in the United States.
This article originally appeared on Bucyrus Telegraph-Forum: Community Foundation for Crawford County earns accreditation
