APPLETON, Wis. – The Community Foundation for the Fox Valley Region recently received accreditation with the nation’s highest standard for philanthropic excellence. National Standards for U.S. Community Foundations® establish legal, ethical, effective practices for community foundations everywhere.
“Meeting the National Standards benchmarks is a rigorous, comprehensive process,” said Randy Royster, Chair of the Community Foundations National Standards Board. “This accreditation is a significant accomplishment that indicates the Community Foundation for the Fox Valley Region demonstrates a commitment to transparency, quality, integrity and accountability as it carries out its mission.”
National Standards for U.S. Community Foundations® is the first program of its kind for charitable foundations in the United States. It requires community foundations to document their policies for donor services, investments, grantmaking and administration. With over 750 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 Curt Detjen, president and CEO. “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, and to be their steward to carry out their charitable wishes. The National Standards accreditation says our house is in order.”
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 Foundation’s grantmaking practices for the nonprofit community.
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.
The Community Foundation for the Fox Valley Region, a Fox Cities-based nonprofit founded in 1986, helps people provide long-term support for favorite charities through endowments and other charitable funds. The second-largest certified community foundation in Wisconsin, its donors have allowed it to award more than $295 million to nonprofit organizations from more than 1,605 charitable funds. Affiliated community foundations operate in Brillion, Chilton, Clintonville, Shawano and Waupaca. To learn more, go to www.cffoxvalley.org, subscribe to The Loop at www.cffoxvalley.org/loop or connect with us on Facebook and Twitter.