The Foundation for Appalachian Kentucky has once again been approved for re-accreditation with National Standards for U.S. Community Foundations®.
National Standards ensures that we have policies in place for financial stability and longevity, affirming our continued commitment to excellence and ethics for our donors, grantees and community.
What does this mean for you? When you give to the Foundation for Appalachian Kentucky, or any of our funds, you can trust that your gift is being used by a proven partner recognized by the highest standards for philanthropic excellence.
“The accreditation process proves that the Foundation for Appalachian Kentucky meets the nation’s highest standards for accountability, transparency, and excellence by a community foundation,” said Gerry Roll, CEO of the Foundation for Appalachian Kentucky. “It’s a promise that we will continue to do everything in our power to be the best partner possible.”
The process of earning National Standards accreditation is arduous. The program requires community foundations to meet 26 National Standards covering Mission, Structure, & Governance; Resource Development; Stewardship & Accountability; Grantmaking; and Donor Relations.
As part of this, we must document our policies for donor services, investments, grantmaking and administration. Our documentation was reviewed by community foundation experts from a panel appointed by the Community Foundations National Standards Board, a supporting organization of the Council on Foundations in Washington, D.C.
“Since inception, the Foundation for Appalachian Kentucky has prioritized the highest level of standards for donor services, investment management, grantmaking and administration,” said Joel Brashear, Board Chair. “Trust is critical, and we continue to earn accreditation to show that when donors partner with us, they can be confident that we will use it to do good in Southeastern Kentucky.”
Foundation for Appalachian Kentucky was initially accredited with National Standards in December 2011, and has been re-accredited four additional times. For more information on the National Standards Board, visit its website at www.cfstandards.org