Kern Community Foundation Meets Rigorous National Standards
Aug 16, 2012
Kern Community Foundation (“Foundation”) recently received notification that it has met the nation’s highest philanthropic standards for operational quality, integrity and accountability. The notice comes from the Community Foundations National Standards Board, a national accreditation organization based in Arlington, Va.
“This is similar to the Good Housekeeping Seal for community foundations,” said Diane Miller, Manager, Community Foundations National Standards Board. “It says that Kern Community Foundation has demonstrated a commitment to operational quality, integrity and accountability.”
The Foundation originally earned this designation approximately five years ago, and was among the first community foundations in the United States to be acknowledged for this level of operational excellence. It is the only community foundation in Kern County with this distinction.
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 200 community foundations already confirmed in compliance 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 Jeff Pickering, Kern Community Foundation President and CEO. “When people make a charitable bequest or establish a donor advised fund to organize their giving, they are putting their trust in us. They are counting on us to manage the investment wisely, honor their charitable wishes and, in some cases, provide income to a favorite charitable organization. The National Standards confirmation says our house is in order.”
“When you see the National Standards Seal, you can be assured that Kern Community Foundation is committed to meeting the highest standards,” said Keith Brice, Chair of the Foundation’s Board of Directors. “With more than $80 billion in wealth transferring between generations in Kern County over the next 50 years, our community can count on Kern Community Foundation as a trusted resource to help local residents create a charitable legacy that will last forever.”
The Community Foundations National Standards Board is a supporting organization of the Council on Foundations that administers and advances National Standards for U.S. Community Foundations by ensuring the integrity of the accreditation process and building the value of compliance.