Community Foundation of the Eastern Shore
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Community Foundation Recognized for Compliance with National Standards
August 27, 2012
The Community Foundation of the Eastern Shore has been recognized once again by the Council On Foundations for meeting the highest national philanthropic standards for operational quality, integrity, and accountability.  The organizational and financial practices of the Foundation have been found in accordance with all National Standards for U.S. Community Foundations.
 
In order to achieve confirmation of compliance with the National Standards, community foundations must undergo an extensive review of their organizational and financial policies and procedures. The review is performed by trained, experienced community foundation practitioners.
 
"Adopting and adhering to high standards is the best way we can demonstrate our ongoing commitment to maintaining the trust of our donors and the entire community,” said, Doug Wilson, President, Community Foundation.  “We are honored to have our efforts recognized by the Council on Foundations.” 
 
About the Council on Foundations:  The Council on Foundations and leaders of the community foundation field created National Standards in 2000 to aid community foundations in establishing legal, ethical and effective operational practices that would show the foundations’ transparency and financial responsibility in light of the increased public scrutiny of foundation practices.
 
Intended both as a blueprint for internal organizational development and as a tangible set of benchmarks for external assessment of performance, the 43 National Standards address six key areas of community foundation operations:
  • Mission, Structure and Governance
  • Resource Development
  • Stewardship and Accountability
  • Grantmaking and Community Leadership
  • Donor Relations
  • Communications
 
The Council on Foundations is a Washington, DC-based nonprofit membership association of more than 2,000 grantmaking foundations and corporations. The Council provides the opportunity, leadership and tools needed by philanthropic organizations to expand, enhance and sustain their ability to advance the common good. For more information on the Council, visit its website at www.cof.org.