BUCYRUS – The Community Foundation for Crawford County has received accreditation with the nation’s highest standard for philanthropic excellence, National Standards for U.S. Community Foundations.
That organization establishes legal, ethical, effective practices for community foundations everywhere.
“Meeting the National Standards benchmarks is a rigorous, comprehensive process,” said Randy Royster, board member of the Council on Foundations. “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 program requires community foundations to document their policies for donor services, investments, grant making and administration.
With over 500 community foundations already accredited nationwide, the program is designed to provide quality assurance to donors, as well as to their legal and financial advisors.
“This is critically important to our donors,” said Lisa Workman, President of The Community Foundation for Crawford County. “When people make a charitable bequest or establish a fund, they are putting their trust in us. They are counting on us to manage the investment wisely, honor their charitable wishes and, in some cases, provide lifetime income to a loved one. The National Standards accreditation says our house is in order.”
The Community Foundation for Crawford County works to meet critical community needs and support local causes. It 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 Brad Starkey, Chairman of the Board at The Community Foundation for Crawford County. “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.