BRISTOL - The Main Street Community Foundation has once again met the nationâ€™s highest standard for philanthropic excellence.
The standards are set by the National Standards for U.S. Community Foundations, which establishes legal, ethical and effective practices for community foundations.
The foundation, which serves Bristol, Burlington, Plainville, Plymouth, Southington and Wolcott, has maintained this standard since 2006, said Susan Sadecki, president and CEO of the foundation.
â€śMeeting the National Standards benchmarks is a rigorous, comprehensive process,â€ť said Randy Royster, chair of the Community Foundations National Standards Board. â€śThis accreditation is a significant accomplishment that indicates Main Street Community Foundation demonstrates a commitment to transparency, quality, integrity and accountability as it carries out its mission.â€ť
Community foundations are required to document their policies for donor services, investments, grant making and administration in the National Standards program.
The program currently has over 500 community foundations accredited nationwide. It aims to provide quality assurance to donors and legal or financial advisors.
In addition to philanthropic services, the standards validates nonprofit organizationsâ€™ grant making practices.
â€śThis is critically important to our donors,â€ť said Sadecki. â€śWhen people make a charitable bequest or establish a fund, they are putting their trust in us. They are counting on us to manage the investment wisely and honor their charitable wishes. The National Standards accreditation confirms our house is in order.â€ť
The foundation focuses on changing and emerging community needs through its role as a funder, community leader, convener and advocate.
It offers a range of charitable funds that allow donors to advance a cause, support an individual organization, provide flexible support for community needs or recommend individual grants.
Lorenzo Burgio can be reached at email@example.com or at 860-973-5088.