“Where there is not community, trust, respect, ethical behavior are difficult for the young to learn and for the old to maintain.”
- Robert K. Greenleaf, Servant As Leader
Five years ago, the Crown Point Community Foundation was certified by the National Standards Review Board for Ethical and Operational Standards.
The process certifies the Crown Point Community Foundation as an organization that maintains rigorous standards for operations and business compliance.
Now five years later, the foundation is pleased to announce that we have, once again, been recognized for having organization and financial practices that are in accordance with the National Standards Board for U.S. Community Foundations.
The foundation undergoes a significant exercise of gathering documents, making sure policies are in effect and verifying what it takes to be considered a Community Foundation of Best Practice. The national standards certification is similar to the Good Housekeeping Seal.
By achieving this recognition, the foundation demonstrates a commitment to operational quality, integrity and accountability.
The National Standards for U. S. Community Foundation program requires community foundations to document their policies for donor services, investments, grant making and administration. The program is designed to provide quality assurance to donors as well as to their legal and financial advisers.
Having this certification is critically important to our donors. When donors make a charitable bequest or establish a fund, they are putting their trust in us. They are counting on us to manage their investment wisely and honor their charitable wishes. This certification confirms that our house is in order.
The CPCF offers a range of charitable funds that allows donors to support a cause, such as education or the environment, or to support nonprofit organizations or general community needs.
Donors have the flexibility to recommend individual grants through a donor advised fund. When a donor creates a fund, the foundation invests the gift. This investment then distributes an annual grant to support charitable causes.
Gifts to the foundation are different from gifts that give directly to a charity. Gifts to the foundation are permanently endowed.
A gift to a foundation keeps on giving year after year. Whereas a direct gift to a charity is helpful as a one-time event, your gift to the foundation keeps on giving forever.
The foundation’s Board of Directors recognized the value of the Standards Review process. “When donors see the National Standards seal, they can be assured that we are committed to meeting the highest standards for endowment building and grant making,” said Chairman of the Board Mark Bates.
Through philanthropic services, strategic investments and community leadership, the Crown Point Community Foundation helps people support the causes they care about, now and for generations to come. Just ask us how by calling (219) 662-7252.