Grants
The community foundation submits evidence of wide dissemination of grant guidelines that could be found in the annual report, a mailing list of organizations that receive the guidelines, a printout on your website demonstrating the guidelines availability, etc. The foundation should submit evidence of grants for a wide variety of issues that are not limited to a single focus and the procedures for accessing discretionary or other competitively awarded grants.
Tab 31: Grants List for Most Recently Completed Fiscal Year
The community foundation submits a complete list of grants for the most recently completed fiscal year. This list should be organized according to the types of fund(s) from which each grant was made. If more than 200 grants were awarded during the past fiscal year, a sample of 25 grants per fund type will be sufficient.
Tab 32: Policy or Documented Procedures for Due Diligence
Community foundations submit their due diligence process to ensure that grants will be used for charitable purposes. The foundation should provide its process for determining which grants from funds legally defined as donor advised funds require the exercise of expenditure responsibility. The procedure for exercising expenditure responsibility, when required for grants from these funds, should also be submitted.
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About National Standards
They guide sound policies and accountable
practices. They build capacity to carry
out our missions. They make
community foundations distinctive.
