July 3, 2012  |  News

The Community Foundation of Boone County has been awarded a Certificate of Compliance with the Ethical and Operational Standards for Indiana Community Foundations and National Standards for U.S. Community Foundations.

“Developed in the spirit of accountability, transparency and continuous self–improvement, the Standards are philanthropy’s most rigorous – evidence that community foundations seek excellence for their communities and donors,” according to the Community Foundations National Standards Board, a supporting organization of the Council on Foundations.

“The Foundation strives to achieve the highest standards of public accountability and transparency,” said Mike Caldwell, Executive Director.  “The certification demonstrates we adhere to a standard of ethical behavior that assures donors, volunteers and clients that their best interests are being served.”

Standards serve as both a blueprint for internal organizational development and a tangible set of benchmarks for external demonstration of operational excellence in six key areas: Mission, Structure, and Governance; Resource Development; Stewardship and Accountability; Grantmaking and Community Leadership; and Donor Relations and Communications.  Community Foundations are reconfirmed in compliance every five years.