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.
Key Design Elements Check List
A governing board approved grantmaking policy and process that is widely known and understood.
A communications strategy that strives to reach all corners of the community with invitations to submit grant requests.
There is an efficient method for submitting and reviewing grant requests.
Design Elements Relevant To Most Practices:
Clear and measurable outcomes.
A monitoring and evaluation component that tracks and measures outcome achievement.
Outcomes that preserve and/or improve desirable conditions.
The cost of following the practice is in alignment with the result.
The practice "fits" with the current and anticipated circumstances of the community foundation, such as size, growth rate, age, type of funds, and service area.
Ancillary or bonus outcomes derived from the practice help
meet or exceed other standards or otherwise advance the
foundation's goals.