Posted by: laurakujawski on Friday, September 8, 2006
Topic General Fundraising
More than 260 community foundations across the country recently earned the National Standards Seal from the Council on Foundations for attaining the highest standards for grantmaking integrity and accountability.
The Council on Foundations and leaders of the community foundation field created The National Standards for U.S. Community Foundations in 2000 to establish legal, ethical and effective operational practices and highlight transparency and financial responsibility.
“This is similar to the Good Housekeeping Seal for community foundations,” said Steve Gunderson, president and CEO of the Council on Foundations. “This is critically important to the millions of people who give to and through community foundations. The National Standards confirmation says this house is in order, it’s financially secure, and it can be trusted to meet its commitments. Professional advisors and prospective donors will recognize the Seal as an indication of the integrity and demonstrated excellence of the community foundation.”