Tab 22: Development Strategy for Operations and Funds
The community foundation submits evidence of a strategy designed to generate broad support from many separate, unrelated donors with diverse charitable interests.
For more information, review Core materials, FAQs and a glossary of important terms
Related Standards
III. Resource Development
III.A A community foundation has, or works to develop, broad support in the form of contributions from many separate, unrelated donors with diverse charitable interests in the community served by the community foundation.
III.C A community foundation has a long-term goal of securing discretionary resources to address the changing needs of the community it serves.
VI. Donor Relations
VI.A A community foundation educates and engages donors in identifying and addressing community issues and grantmaking opportunities.
Key Elements
- The community foundation has a strategy designed to generate broad support from many separate, unrelated donors with diverse charitable interests.
- The foundation has long-term goal of securing discretionary resources to meet changing community needs. (Cross-check with communication materials and mission statement for consistency; can be in any one or all documents)
Note: Evidence of compliance with this standard may be found in tab 21 or in the development strategy.
Required Documents
- Development strategy for operations and funds
What is a development plan?
A development plan outlines a foundation's goals and strategies for developing resources. It explains how staff, board members, and other volunteers should focus their development efforts within a certain period (usually one or two years). A development plan also helps measure progress in the midst of a process that might take years or even decades to bring tangible results.
A long term plan of action to raise funds for the foundation.
Reconfirming?
Review all key elements and consider if your organization has made changes to your policies, powers or practices.
Pay special attention to key elements and core materials marked with ![[R icon]](/images/icon_reconfirm_body.gif){kind=icon}
and a ![[P icon]](/images/icon_pension_body.gif){kind=icon}
. These represent minimum requirements for reconfirmation as well as Pension Protection Act requirements. Items marked with a are particularly critical for those who submitted record books prior to January 2007.
Document your compliance with each of these items as well as with all other key elements where support materials may have changed.
