The Nebraska Community Foundation works with community, organizational and donor-advised affiliated funds serving 250 communities located in 80 counties. NCF and its affiliated funds have reinvested $269 million in Nebraska since 1994.
The Nebraska Community Foundation has compiled a “top 10” list of tactics used by their most successful affiliated funds. By using the Indicators of High Performing Affiliated Funds – Self-Evaluation Tool, affiliated funds are better able to evaluate themselves and identify areas of needed focus to take their fund to the next level.
High Performance Indicators include:
The Pender-Thurston Education & Community Foundation Fund’s Fund Advisory Committee (FAC) members used the High Performance Indicators to identify planned giving and estate planning as a top priority to achieve the long-term goal of harnessing intergenerational wealth for their affiliated fund.
Pender-Thurston’s FAC took action and set a goal of having 100% of the FAC members create bequests in their estate plans to benefit the affiliated fund. The committee is well on its way to achieving this goal. NCF has found that FAC members’ personal support through planned giving is a key indicator of successful affiliated funds.
All affiliated funds have reason to focus on the High Performance Indicators and to define reasonable actions to improve their fund’s performance. High Performance Indicators are a guide map for affiliated funds. There are many funds that do some or most of the indicator items very well. The ultimate goal for an FAC is to have a strategy to accomplish each indicator every year.
In April 2010, the Shickley Community Foundation Fund announced its semi-annual grant awards. The Fund provided nearly $7,000 to 10 area nonprofits. What makes this last round of grantmaking special in this town of about 350 people is that the Fund has now surpassed the $100,000 mark in community reinvestment, the majority of that occurring in the last 10 years. Most of those grants have been made from earnings on the Fund’s endowment account.Read more →