“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 BAF 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 800 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 Dena Cushman, BAF 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 and honor their charitable wishes. The National Standards accreditation says our house is in order.”
BAF works to meet critical community needs and support local causes, including animal services, the arts, civic beautification, economic development, education, health & human services, and public recreation.
BAF offers a range of charitable funds, allowing donors to advance a cause, support an individual organization, or provide flexible support for community needs. In addition to affirming the organization’s philanthropic services, the accreditation validates BAF’s grantmaking practices for the nonprofit community.
“Grantmaking is a lot like investing,” said Douglas Ramsden, BAF Board President. “BAF needs to assess risks, weigh potential gains, diversify assets, monitor performance and operate fairly. With our National Standards accreditation, you can be assured that we’re doing just that.”