Best Of
How does your organization break down fund groups, subgroups, divisions, and segments?
Hello!
We're currently evaluating how we utilize the organization of fund groups, subgroups, divisions, and segments and would love to hear how other community foundations are using these categories.
Currently we use group like fund type - as in endowments, DAFs, fiscal sponsorships, scholarships, and community funds. But actually, community funds with us are either fiscal sponsorships or endowments. And some scholarships are endowed, while others aren't
We use subgroup as physical location - like a particular community in Oklahoma. We serve all 77 counties in OK, so our "Service Area" field is by county.
Division is where we note who set up the fund - Agency or Individual established.
Finally, segment is used for how our CF interacts with the fund - is it "managed" by us or not. We use "managed" to describe funds like scholarships where we are hosting the scholarship app, administering reviewers, paying the school versus cutting an annual distribution check to a school foundation who administers the scholarship.
We suspect there could be a more helpful and efficient way to categorize funds - how does your org categorize funds?
5000 Members: Celebrating the Top 10! 🥳
Happy Wednesday! 😀
In celebration of 5000 members, today we are recognizing the Top 10 most engaged members that have been accumulating hundreds and hundreds of points since joining Compass. In total, these 10 members have accumulated a whopping 3872 points! 🎉
Thank you so much to @JesikaEllis, @CarolReynolds, @JulieKlipp, @LaurelShulman, @RhondaThomson, @hankdrew, @LornaSandberg, @LoriPerkins, @LaurieAbildso, and @MichelleSchneider for continuing to stay engaged throughout your time in Compass!
Be sure to check your email for a surprise treat in the next coming days 🎁!
Disaster Relief Resources
Hello All!
We know the weather events of the past week have been devastating to so many of our clients and their surrounding communities. If you need resources for disaster relief granting checkout our sample application (we can put it directly in your site), the Disaster Philanthropy Playbook, and reach out to our Success Team, Success@foundant.com, so we can support you. If you have a fundraising campaign for your community, please tag @foundant so that we can spread the word on our social media platforms. We want to be here as a resource for you during this difficult time!
