County Foundation is confirmed in compliance with National Standards for U.S.
Community Foundations™, a program that establishes legal, ethical, effective
practices in philanthropy.
information about funds, investments, events, and volunteering
Community Development Officer
Education Program Officer
Ducky Day in Tipton Park, and youth philanthropy
meeting room reservations, donor receipts and
payments to vendors
Board of Directors
Board Members' Agenda Materials
1020 W. Jefferson St.
send all mail to PO Box 412.)
National Standards for U.S. Community
Tipton County Foundation in Top Philanthropic
Local Organization Meets Rigorous Standards for
Quality and Accountability
Tipton County Foundation
been recognized since 2007 for having organizational and financial practices that are in
accordance with the Ethical and Operational Standards for Community Foundations.
Leaders of the Indiana community foundation field created the Standards in 2000
to aid community foundations in establishing legal, ethical, and effective
operational practices that would demonstrate the foundations’ transparency and
financial responsibility in light of the increased public scrutiny of foundation
In order to achieve
confirmation of compliance with the National Standards, community foundations
must undergo an extensive review of their organizational and financial policies
“This is similar to the Good
Housekeeping Seal for community foundations,” said Steve Gunderson, then the Council on
Foundations president and chief executive officer. “It says that Tipton County
Foundation has demonstrated a commitment to operational quality, integrity, and
The National Standards for U.S.
Community Foundations Program requires community foundations to document their
policies for donor services, investments, grantmaking, and administration.
“This is critically important to our donors,” said
Tom McKinney, Tipton County Foundation board chairman when TCF was first
accredited. “When people make a charitable bequest, establish a fund, or set up
an annuity, they are putting their trust in us. They are counting on us to
manage the investment wisely, honor their charitable wishes, and, in some cases,
provide lifetime income to a loved one. The National Standards confirmation says
our house is in order. When you see the National
Standards Seal, you can be assured that we’re committed to meeting the highest
standards for grantmaking as well.”
Mission, Structure and Governance, including standards
defining board accountability, compensation, independence, fiduciary
responsibility, and representation of the community.
Resource Development, including parameters for
administration of funds, disclosures to donors and commitment to building
long-term resources for varied community issues and causes.
Stewardship and Accountability, covering prudent investment
and management of funds, transparent record-keeping, use of funds for their
intended purpose, annual audits and public availability of financial
information, including standards related to due diligence and community
Grantmaking and Community Leadership, including standards
related to broad and open grantmaking programs, due diligence and responsiveness
to changing community needs.
Donor Relations, encompassing guidelines for informing,
educating, and involving donors in responding to community needs.
Communications, including openness to public scrutiny and
frequent communications about activities and finances.
Friday, December 18, 2015