NCCF receives National Standards
North Carolina Community Foundation in top philanthropic tier nationally
The North Carolina Community Foundation (NCCF) has once again met the nation’s highest philanthropic standards for operational quality, integrity and accountability, according to Diane Miller, manager of the Community Foundations National Standards Board, an accreditation organization of the Council on Foundations (COF). This is the second time NCCF has received the National Standards Board’s top designation and a renewal of the initial 2007 award.
The National Standards Board compares the distinction to the Good Housekeeping Seal for community foundations. “It says that the North Carolina Community Foundation has demonstrated its commitment to accountability, excellence and service,” Miller said.
The National Standards for U.S. Community Foundations Program is administered by the COF and requires community foundations to document their policies for donor services, resource development, investments, communications, grantmaking, community leadership and administration. The program is designed to provide quality assurance to donors and their legal and financial advisors. The National Standards for U.S. Community Foundations Program is the first of its kind for charitable foundations in the United States.
The NCCF has also been recognized for excellence by Charity Navigator, an independent nonprofit evaluator, which earlier in 2012 gave NCCF its highest rating of four stars for the fifth consecutive year. This evaluation is based on financial performance; accountability and transparency; and accessibility of key information from the NCCF website.
“These independent designations confirm the trust that our affiliate foundations, donors and financial advisors across North Carolina place in the NCCF,” said Jennifer Tolle Whiteside, president and CEO of the NCCF. “I know I speak for our staff, directors and affiliate boards throughout the state when I say that NCCF is truly grateful to receive national recognition for the high standards we’ve put in place to ensure integrity, accountability and the stability of our organization now and into the future.”
NCCF receives Charity Navigator’s top four-star rating for sixth time!
NCCF is pleased to report that we remain a four-star agency according to Charity Navigator for the sixth consecutive time period. Charity Navigator has updated the way it analyzes nonprofit organizations, and NCCF remains in its top tier. Only three percent of the charities they rank nationwide have received this ranking six times in a row, prompting Charity Navigator to develop and name NCCF to a new category that they call the "exceptional" designation.
The nonprofit watch-dog now looks at a more indepth series of metrics, including financial performance; accountability and transparency; and accessibility of key information from our website. This is the second rating period using its new approach to evaluations.
“In these difficult economic times, we’re thrilled to give donors more information to help them determine which charities they support are efficient and accountable,” said Ken Berger, president and CEO of Charity Navigator.
The NCCF page on Charity Navigator graphically depicts at-a-glance how we rate in these various categories.