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National Community Foundation Boot Camp

Overview & Governance 10:30 AM - 1:00 PM

CF OVERVIEW

  • Definition, roles, history
  • National Standards
  • IRS Code; tax exempt orgs
  • Legal concepts & documents


GOVERNANCE

  • Key legal concepts
  • Governance vs. management
  • Unique challenges of boards
  • Board leadership
  • Board orientation/education
  • Board & executive roles
  • Strategic planning
Fund Management 2:00 PM - 4:00 PM
  • Types of funds
  • Fund agreements
  • Fund management issues
  • Fiscal sponsorship
  • Donor relations
  • Variance power
  • UPMIFA code
  • Making changes to funds
Asset Development 10:30 AM - 12:30 PM
  • Types of gifts/planned gifts
  • Asset building vs. fundraising
  • Working with prof. advisors
  • Donor characteristics
  • Donor stewardship
  • Policies and planning
Finance and Investments 2:00 PM - 4:00 PM
  • Fiscal responsibility
  • Investment/Finance/Audit committee(s)
  • Investment & spending policies
  • Working with investment professionals
  • Asset allocation
  • UPMIFA
  • Investment RFP
  • Fund accounting
  • Financial reports to board
  • Operating budget
  • Reporting
  • Audit
  • Tax compliance
  • Public support test
Grants and Community Leadership 10:30 AM - 12:30 PM
  • Grant guidelines/processes
  • Responsive and strategic grantmaking
  • Legal issues in grantmaking
  • Expenditure responsibility
  • Scholarship grants
  • Types of leadership
Sustainability + Community Foundation Lifecycles 2:00 PM - 4:00 PM

OPERATIONAL SUSTAINABILITY

  • Asset-expense mismatch
  • Fund types as products
  • Simple cost analysis
  • Fee model of CFs
  • Calculating sustainability
  • Developing a plan
  • Improving sustainability

 

LIFECYCLES

  • Major influences in the development of CFs
  • Growth cycles
  • Future challenges
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