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How We Do Business
As the designation of a public charity implies, the Community Foundation of Greater Fort Wayne exists because of public support. We take very seriously our obligation to earn the public's trust. The Community Foundation is accountable to the public for our operations. To that end we have implemented numerous internal controls that provide assurance to our donors and protect the assets entrusted to our care.
- A diverse, community-minded board of directors and other volunteers who receive training to understand their responsibilities in providing oversight of the operations of the Community Foundation.
- An engaged audit committee, which hires our independent auditor and monitors the Community Foundation's internal controls.
- A strong investment committee, which is responsible for setting the Investment Policy of the Community Foundation and monitoring the performance of our investment managers.
- A fair and unbiased grant review committee, which is equally accessible by all nonprofits in our community.
- The open and transparent philosophy of the Community Foundation, which provides on our Web site a copy of our audit, tax return (Form 990), investment performance results, and a list of grants awarded.
- An effective Conflict of Interest Policy, which requires anyone at the Community Foundation in a decision-making role-including—board members, volunteers, and staff—to abide by our Conflict of Interest Policy.
- A strict Privacy Policy, which prohibits the Community Foundation from sharing information on donors or potential donors with anyone outside our organization.
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