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Benchmarking
We are a community foundation in Central Kentucky looking to establish some benchmarking with similar size foundations. We currently have $30 million in assets in 196 funds. We are particularly looking at this from a growth and staffing standpoint as well as general comparisons. Open to learning and other areas of…
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Must read books for Community Foundation professionals!
I'm building out my 2023 book list and would like to sprinkle in some "must-reads" for community foundation/nonprofit professionals. What are your recommendations?
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Trust-Based Philanthropy
The community foundation I work for is starting research regarding the trust based philanthropy model. I am curious if there are other community foundations out there already engaging in this practice. Can you provide a couple of pros and cons regarding your experience? What has been the biggest challenge?
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Anyone have a good explanation of Outputs vs. Outcomes for grantees?
Hi there, I continue to struggle to get applicants and grantees to submit outcomes rather than outputs in their applications and annual reports. I am looking to provide a guide/detailed description on our Foundation website and was wondering if anyone has a good resource to share that I might use for our website (credit…
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Looking forward: what do you think are the biggest trends and imperatives for 2023?
We asked philanthropic leaders to share what they see as the top trends in the months ahead. What is top of mind for you and your organization? What initiatives and ideas are you working on? Let's share what you're excited about, would love input on, and trends you see for the future! Looking for the Nonprofits discussion?…
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East Tennessee Foundation Looking for New President + CEO
East Tennessee Foundation / President & CEO East Tennessee Foundation (ETF) is a public charity and community foundation confirmed in compliance with National Standards for U.S. Community Foundations, created by and for the people of East Tennessee to build permanent charitable resources for its 25-county service…
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Outsourced Accountant!
Hello everyone, I wanted to share that I am providing back office accounting services to Community Foundation and Non-Profits with my new business Crystal Clear Accounting. I worked at Greater Kansas City Community Foundation for over seven years providing accounting services to organization across the country. I also…
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Corporate/Employee Scholarships
Our team is working with a donor to establish a scholarship program for his employees. This is new to our foundation, and we want to ensure we set it up correctly. Is anyone willing to share their agreement language, criteria, scholarship committee makeup, process for working with HR to make sure you are meeting the…
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Board Member/Trustee Benefits
Hello! I want to make a benchmark comparison regarding Board Member/Trustee benefits. Our Foundation currently offers our Trustees $25,000 annual designations to any nonprofit organization of their choice. One of the Trustees has recently asked for an increase, and I'm curious what other Foundations do in terms of…
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Do you accept Crypto and who is your clearinghouse?
We've been approached a handful of times by individuals who want to gift us crypto currency and we would like to accept it after it's been converted to cash. Do any of you work with organizations that turn crypto to cash for a small fee? Do you like working with them? Are their fees reasonable? Are they on the "up and up"?…
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Agency Funds and Scholarships
Hello All, We recently received a request from one of our agency funds to distribute funds to an institution for named scholarship recipients. My understanding is that agency funds are intended to support the nonprofit and must be distributed directly to the nonprofit. I am curious if any Community Foundations allow their…
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Pooled Scholarships
We recently had a conversation with a new board member who wanted to know if he could donate a small amount of money for a scholarship. We had a long discussion about how we seek endowments on scholarships due to the amount of work involved….i.e. every scholarship has different criteria and is therefore a different…
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Scholarship Fund Management Questions
I am trying to gauge what other community foundations are doing to manage their scholarship funds. What is your minimum amount to start a fund? Ours is $50k currently but we want to make sure that the awards from the endowment (usually 4%) are large enough to be worth it to students, so we are looking to raise this…
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Scholarship policies
Based on the changing higher education environment, we are considering some changes to our scholarship policy and would like to hear from other foundations. Scholarships are a big piece of our work and we want to make sure they continue to be relevant and serve students, as well as carry out our donors' wishes. Our…
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"Matchmaking" between Donor Advised Funds (DAFs) and nonprofits
Hi all, Our community foundation is moving into a more proactive space of serving our DAF holders, including presenting "matchmaking" opportunities to them with current needs in the community and/or in their grantmaking interest areas (which we've been slowly recording in Raisers Edge over the past few years). We do not…
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Non-discrimination Clauses and Race-specific Scholarships
What language do you use related to non-discrimination in your fundholder agreements and public communications about scholarships? Do you refer to a specific law, or have a list of "we do not discriminate based on X"? How do you rectify these non-discrimination clauses with scholarships that are for a specific race,…
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Corporate Succession Planning
Greetings all! We live in an earthquake/tsunami hazard zone on the south coast of Washington (state), and are updating our emergency planning for major events. And looking at corporate succession plans--what if our community vanishes, most of us die, and all that is left is the CS database and cloud based records? Anyone…
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Triangle Community Foundation (Durham, NC) hiring COO
Triangle Community Foundation (Durham, NC) is seeking a Chief Operations Officer (COO) to provide direct support for the President & CEO (CEO), overseeing the Foundation’s overall operations – with an emphasis on the integration of all departments to successfully and efficiently execute the Foundation’s strategies – and…
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Do Other Sources of Funding Impact Your Grantmaking Decisions?
Hi, I work for a Community Foundation in Vero Beach, Florida and we have a quarterly grant cycle process. Throughout our county we have about six other funders (our local United Way and several philanthropic neighborhoods) who have annual grant cycle processes. Do you have a similar network of local funders? Do you…
