Community Foundation Receives National Recognition
The Grand Traverse Regional Community Foundation recently recertified for accreditation from the nation’s highest standard for philanthropic excellence. National Standards for U.S. Community Foundations® establish legal, ethical, effective practices for community foundations everywhere. Originally accredited in November 2009, the Community Foundation has worked to maintain accreditation by completing a rigorous recertification process over the past eight months.
“This is critically important to our donors,” said Dave Mengebier, Community Foundation president and CEO. “When people make a charitable contribution they are putting their trust in us. They’re counting on us to manage the gift wisely, honor their charitable wishes, and make a lasting impact in our region, forever. The National Standards accreditation says our house is in order.”
The National Standards for U.S. Community Foundations® program requires community foundations to document their policies for donor services, investments, grantmaking and administration. With over 500 community foundations accredited nationwide, the program is designed to provide quality assurance to donors, as well as to their legal and financial advisors.
“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 that the Grand Traverse Regional Community Foundation demonstrates a commitment to transparency, quality, integrity and accountability as it carries out its mission.”
The Grand Traverse Regional Community Foundation works to meet critical community needs and support local causes, including supporting the arts, investing in health and well-being and early childhood education, protecting the natural environment, and prioritizing community development. The Community 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 Community Foundation’s grantmaking practices for the nonprofit community. National Standards for U.S. Community Foundations® is the first program of its kind for charitable foundations in the United States.
The Community Foundations National Standards Board is a supporting organization of the Council on Foundations and is responsible for the quality, value and integrity of compliance with National Standards. For more information on the National Standards Board, visit its website at www.cfstandards.org.