Community Foundation of Abilene recently received reaccreditation 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 of Abilene demonstrates a commitment to transparency, quality, integrity and accountability as it carries out its mission.”
The National Standards for U.S. Community Foundations® program requires community foundations to document their policies for donor services, investments, grant-making and administration. With more than 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.
“Having this stamp of excellence is important to our donors,” said Katie Alford, Community Foundation of Abilene President/CEO. “When people make a charitable bequest or establish a fund at the Foundation, they are putting their trust in us. They are counting on us to manage the investment of their gift wisely, to honor their charitable wishes, and to carry on their charitable legacy. The National Standards reaccreditation says our house continues to be in order.”
Community Foundation of Abilene works to meet critical community needs and support local causes, including services for cancer patients, programs to enhance literacy among youth, efforts to help people in need, programs for special needs children and much more.
Community Foundation of Abilene 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 Community Foundation of Abilene’s grant-making practices for the nonprofit community.
National Standards for U.S. Community Foundations® is the first program of its kind for charitable foundations in the United States.