Frequently Asked Questions (FAQs)
What are National Standards for U.S. Community Foundations?
The Dickinson Area Community Foundation (DACF) and its affiliates meet the National Standards for operational quality, donor service and accountability in the community foundation sector.
The National Standards Seal by our name indicates official confirmation from the Council on Foundations that we have met the most rigorous standards in philanthropy. It affirms our commitment to financial security, transparency and accountability. It says our grant-making includes an open, competitive process designed to address the changing needs of our community. The National Standards Seal confirms our history of honoring donors' wishes - to support the arts, cultivate gardens, save endangered species, cure illness, expand literacy, feed children and support countless other important causes.
The National Standards for U.S. Community Foundations Programs was established in 2000 in cooperation with the Council on Foundations (founded in 1949). National Standards guide community foundations in establishing legal, ethical and effective operational practices that serve as blueprints for internal development and benchmarks for external assessment..
The 26 National Standards require the Dickinson Area Community Foundation to document its policies in donor services, investment management, grant-making and administration. To receive confirmation of National Standards compliance, we submit our organizational and financial policies and procedures to a rigorous peer review.
To learn more about National Standards click here.
Why do people choose community foundations?
We build endowment funds that grow and benefit our community for good, for ever.
We help donors create an individual or family legacy.
We offer donor involvement in selecting charities.
We are a local organization meeting a broad range of changing local needs.
We provide a simple way to fulfill multiple charitable interests, with low-cost administration.
We deliver personalized donor service; we are flexible and responsive to unique needs.
We accept a wide variety of assets.
We offer maximum tax advantage.
We can preserve donor intent even when community needs and organizations change.
We are known for prudent stewardship and investment practices.
The Dickinson Area Community Foundation and its affiliates are a vehicle through which individuals, organizations and businesses are able to make gifts and bequests to benefit Dickinson County (Michigan) and surrounding areas. Income from these gifts is used to address a broad spectrum of needs in the community. The gifts are tax deductible. When you donate to our endowment funds, your gift principal is not spent. It is invested and the earnings are used to benefit our community through annual grants. Every year we make grants to local agencies and programs serving our every-changing population.
Contributors may select an existing fund, create a new fund, or specify the Unrestricted Fund, which allows the foundation to allocate grants to the area of most need.
To make a contribution, contact the foundation at 906-774-3131, request information at firstname.lastname@example.org or select a Donate button on the website.
Individual Retirement Account (IRA)
The Dickinson Area Community Foundation can help turn your IRA into tax-saving charitable gifts. Donate to a field of interest fund, a designated fund, or create a new fund. Learn more about our endowment funds here.
You can give more for less.
Thanks to new legislation, American seniors can make the gift of a lifetime by giving their IRAs to charity without federal tax penalty.
You can make a difference.
Your community foundation can help you connect to the causes you care most about. You can set up a charitable fund in your name or make an unrestricted gift. Giving is one of life's pleasures and we can help you enjoy it today!