A community foundation awards some grants from its discretionary resources through open, competitive processes that address the changing needs of the community. Grantmaking and Community Leadership - Standard V. Part B.
Current Practice Assessment Tool
Do requests for grants come from a wide spectrum of community nonprofits?
To what extent is the process open to all who may wish to apply?
Are provisions made for helping less able applicants submit their requests?
Assessment Questions Relevant to Most Effective Practices:
What are the specific outcomes you intend to achieve by following this practice?
If fully realized, would these outcomes meet or exceed the Standard?
Are you able to actually measure the level of achievement of these outcomes?
Based upon your measurement, to what degree does the practice actually produce the intended outcomes and, therefore meet or exceed the Standard? Why?
The realization of which outcomes is less than satisfactory?
Which outcomes are threatened by changing circumstances such as growth, service area economy, and community needs?
What are the costs associated with following the practice and are they justified by the value of the outcome?
What secondary outcomes, not directly related to the Standard,
are produced that contribute to advancing the goals of the foundation?
Please note that these materials were collected prior to the passage of the Pension Protection Act of 2006 so do not necessarily reflect the recent changes in the law. As always, these documents should only be used as a reference in developing your own documents with advice from legal counsel where appropriate. For more information on the Pension Protection Act of 2006, see www.cof.org/hr4.