Blue River Community Foundation (BRCF) 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, board member of the Council on Foundations. “This accreditation is a significant accomplishment that indicates Blue River Community Foundation 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, 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 Jennifer Jones, BRCF Executive Director. “When people make a charitable bequest or establish a fund, they are putting their trust in BRCF. They are counting on our organization to manage the investment wisely and to honor their charitable wishes. The National Standards accreditation says our house is in order and that we are operating legally and correctly.”
The Foundation works to meet critical, ever changing community needs and support local causes, including the arts, culture , youth and education, health, social services and civic programs and projects.
BRCF 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 Blue River Community Foundation’s grantmaking practices for the nonprofit community.
“Grantmaking is an investment in our community,” said Brady Claxton, BRCF board chair. “We need to assess risks, weigh potential gains, diversify assets, monitor performance and operate fairly. With our National Standards accreditation, Shelby County can be assured that we’re doing just that.”
National Standards for U.S. Community Foundations® is the first program of its kind for charitable foundations in the United States.