Financials
Financial Overview
Our investment strategy is designed to balance long-term requirements with short-term stability needs. The goal is to maintain principal while allowing growth within the fund, thereby increasing the amount available to grant out over the long-term. Several factors attribute to the overall growth of each endowment including:
- Asset allocation which combines active and passive investments
- Spending policies and management
- Required minimum investment period prior to initial spending
- Cash management policies and forecasting
Financial Documents
As the stewards of your charitable gifts, we are committed to accountability in our operational procedures. From our investment strategies to spending policies, we remain focused on protecting charitable dollars and helping donors impact our community for many years to come.
Financial practices are in place to ensure we operate at the highest possible standards for nonprofits and continue to comply with National Standards for Community Foundations.
National Standards Accreditation
The Community Foundation Alliance is confirmed in compliance with the National Standards for U.S. Community Foundations.
The National Standards Seal was developed as a way for community foundations to signify that they have been confirmed in compliance with National Standards. Professional advisors and prospective donors may appreciate the Seal as an indication of the integrity and credibility of your community foundation. For more information, visit cfstandards.org.
Candid
Foundation Center and GuideStar joined forces to become Candid, a 501(c)(3) nonprofit organization. Candid's data tools on nonprofits, foundations, and grants are the most comprehensive in the world. Candid provides trusted information, data-driven tools, research, analysis, best practices, and training to help the social sector increase its ability to affect change and transform lives. For more information, visit candid.org.
