MCCF Receives National Recognition
Brian Wagner on 07/11/2017
Muskingum County Community Foundation (MCCF) 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.
“This is critically important to our donors,” said Brian Wagner, MCCF Chief Executive Officer. “When people make a gift or establish a fund, they are putting their trust in MCCF. They want us to manage that investment wisely, honor their charitable wishes and, in some cases, provide perpetual income to a group or organization that is their passion. The National Standards reaccreditation says our house is in order.”
“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 MCCF 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.
MCCF works to meet critical community needs and support local causes. MCCF offers a range of charitable funds, allowing donors to advance a cause, support an individual organization, provide flexible support for community needs or recommend grants. In addition to affirming the organization’s philanthropic services, the reaccreditation validates MCCF’s grantmaking practices for the nonprofit community.
“Grantmaking is a lot like investing,” said Jim Lepi, MCCF Board President. “We need to assess risks, weigh potential gains, diversify assets, monitor performance and operate fairly. With our National Standards reaccreditation, you 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. The National Standards for U.S. Community Foundations® were adopted in 2000 by the Council on Foundations. The formal confirmation of compliance process began in 2005 with community foundations declaring their intent to comply. MCCF was one of Ohio’s first community foundations to meet the requirements, initially receiving accreditation in early 2006.
The Mission of the Muskingum County Community Foundation is to improve quality of life in the community by nurturing opportunities and serving needs through collaboration and philanthropy.
The Community Foundations National Standards Board is a supporting organization of the Council on Foundations and is responsible for the quality, value and integrity of compliance with National Standards. For more information on the National Standards Board, visit its website at www.cfstandards.org.