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New standards board keeps community foundations on track

September 2, 2009

Your Community Foundation was one of the first certified in compliance with national standards when this voluntary self-regulation program began in 2000. As a on-going resource for the program, the Council on Foundations recently set up the Community Foundations National Standards Board as an accrediting organization.

National standards were established so that community foundations could formalize their own best practices and conform to accepted benchmarks in grantmaking, donor relations, resource development, governance and other areas. The whole purpose is to make our work the best it can be, and to do that consistently across some 700 community foundations nationwide.

About 450 community foundations are currently certified for compliance with national standards, and new community foundations continue to go through the process every year. That means more security for donors who helped U.S. community foundations award some $4.1 billion in grants to local organizations in 2007. We are proud to be part of that number, with our $200 million in grants over the past 50 years.

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