The community foundation documents that it has adopted—either under its investment policies or separately— policies addressing minimum fund size, types of fund options, types of gift mechanisms, and procedures for accepting various types of assets.
Gifts
The community foundation submits evidence of a strategy designed to generate broad support from many separate, unrelated donors with diverse charitable interests.
The community foundation submits a description of the time period and procedures by which gifts are acknowledged.
The community foundation submits sample gift acknowledgement letters for gifts of cash, non-cash property, and gifts to a donor advised fund.