WINCHESTER, INDIANA – The Community Foundation of Randolph County recently received re-accreditation with the nation’s highest standard for philanthropic excellence. Community Foundations National Standards® establish legal, ethical, effective practices for community foundations across the United States.
“Meeting the National Standards benchmarks is a rigorous, comprehensive process,” said Susie Nelson, board chair of National Standards. “This accreditation is a significant accomplishment that indicates the Community Foundation of Randolph County demonstrates a commitment to transparency, quality, integrity and accountability as it carries out its mission.”
The Community Foundations National Standards® program requires community foundations to document their policies for donor services, investments, grantmaking 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 Jennings, Executive Director of the Community Foundation of Randolph 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 of Randolph County partners with donors to leverage their philanthropy in ways that transform lives. Since 1993, the Community Foundation has helped generous donors to meet community needs, provide scholarship opportunities to local students, and made grants to nonprofit organizations working to improve Randolph County. The Community Foundation strives to be a local entity known for inspiring good and impacting success by bringing people and resources together. To learn more, go to www.randolphcountyfoundation.org.
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.