The Bozeman Area Community Foundation Receives National Recognition
Local Organization Accredited with Rigorous Philanthropic Standards
In an effort to further strengthen the work done on behalf of donors and the nonprofit community, the Bozeman Area Community Foundation has completed the steps required to receive accreditation from the National Standards for U.S. Community Foundations®. This NSUSCF is an organization that has established legal, ethical, and effective practices for community foundations everywhere. Currently, the Bozeman Area Community Foundation is only one of three community foundations out of 75 in the state of Montana to achieve this accreditation.
“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 the Bozeman Area Community Foundation demonstrates a commitment to transparency, quality, integrity and accountability as it carries out its mission.”
TheBozeman Area Community Foundation recently received accreditation with the nation’s highest standard for philanthropic excellence. 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 and our Gallatin County community,” said Bridget Wilkinson, Bozeman Area Community Foundation Executive Director. “When people make a charitable bequest or establish a fund, they are putting their trust in us. They are counting on us to manage the investment wisely, honor their charitable wishes and, in some cases, provide lifetime income to a loved one. The National Standards accreditation says our house is in order. We are so proud of this accomplishment that has taken years of hard work.”
The Bozeman Area Community Foundation works to meet critical community needs and support local causes. The Bozeman Area Community Foundation teaches nonprofit best practices through the free Nonprofit Café program and our Nonprofit Financial Bootcamp, engages youth in philanthropy through the Youth Giving Project, inspires a culture of giving through Give Big Gallatin Valley and engages Gallatin County in conversation and action through theA Seat at the Table initiative that sparks innovative ideas.
The Bozeman Area Community Foundation also 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 the Bozeman Area Community Foundation’s grantmaking practices for the nonprofit community.
“Grantmaking is a lot like investing,” said Jennifer Lammers, Bozeman Area Community Foundation Board President. “We need to assess risks, weigh potential gains, monitor performance and operate fairly. With our National Standards accreditation, you can be assured that we’re doing just that. As Gallatin County grows, so has the community’s philanthropic investment in local nonprofits. The Bozeman Area Community Foundation is committed to supporting local donors with the highest level of professionalism and accountability. Achieving and maintaining this accreditation will give donors confidence when they donate to and through their local community foundation.”
National Standards for U.S. Community Foundations® is the first program of its kind for charitable foundations in the United States.