The Council on Foundations and Community Foundations National Standards Board Announce Next Steps for National Standards for U.S. Community Foundations

ARLINGTON, Va., August 3, 2009 — Even before calls for increased transparency and accountability among foundations, community foundations led the way in self-regulation with the establishment in 2000 of the National Standards for U.S. Community Foundations, a first-of-its-kind voluntary program. Today, with more than 450 community foundations in compliance with the National Standards, the Council on Foundations announces the creation of the Community Foundations National Standards Board – a new organization that will now administer the National Standards accreditation process.