Local Organization Accredited with Rigorous Philanthropic Standards

Martinsburg—The Eastern West Virginia Community Foundation (EWVCF) recently received accreditation with the nation’s highest standard for philanthropic excellence. National Standards for U.S. Community Foundations® establish legal, ethical, effective practices for community foundations everywhere.

“Meeting the National Standards benchmarks is a rigorous, comprehensive process,” said Randy Royster, board member of the Council on Foundations. “This accreditation is a significant accomplishment that indicates that the Eastern West Virginia Community Foundation demonstrates a commitment to transparency, quality, integrity, and accountability as it carries out its mission.”

The National Standards for U.S. Community Foundations® program requires community foundations to document their policies for donor services, investments, grantmaking, and administration. With over 500 community foundations already accredited nationwide, the program is designed to provide quality assurance to donors, as well as to their legal and financial advisors. EWVCF Associate Director/COO Susan Caperton was responsible for handling all aspects of the application process which normally requires several submissions. In this case the application was approved without needing any revisions.

“This is critically important to our donors,” said Michael Whalton, EWVCF executive director. “When people make a charitable bequest or establish a fund, they are putting their trust in us. They are counting on us to manage the investment wisely and honor their charitable intent. The National Standards accreditation says our house is in order.”

The Eastern West Virginia Community Foundation works to meet critical community needs and support local causes, including funding senior citizen programs, championing the arts, cultivating gardens, curing illness, expanding literacy, and feeding children.

By offering a wide range of charitable funds, EWVCF allows donors to advance a cause, support an individual organization, address community needs, or recommend individual grants. In addition to affirming the organization’s philanthropic services, the accreditation validates the Foundation’s grantmaking practices for the nonprofit community.

“Grantmaking is a lot like investing,” said Andrew McMillan, EWVCF board president. “We need to assess risks, weigh potential gains, diversify assets, monitor performance, and operate fairly. With our National Standards accreditation, you can be assured that we’re doing just that.”

National Standards for U.S. Community Foundations® is the first program of its kind for charitable foundations in the United States.

Through philanthropic services, strategic investments and community leadership, the Eastern West Virginia Community Foundation helps people support the causes they care about, now and for generations to come. To learn more, visit the website at www.EWVCF.org or call 304.264.0353.

The Community Foundations National Standards Board is a supporting organization of the Council on Foundations and is responsible for the quality, value, and integrity of compliance with National Standards. For more information on the National Standards Board, visit its website at www.cfstandards.org.

The Eastern West Virginia Community Foundation hosted a special reception to celebrate multiple new scholarship funds to help support education within the community.

The first fund was created by Richard Durham for the Boys and Girls Club of the Eastern Panhandle. The second was the C. David and Barbara L. Miller Technical Education Fund, while the third was a fund to help support James Rumsey Technical Institute’s ACE program.

Durham was an important member of the foundation and a part of the Boys and Girls Club of the Eastern Panhandle’s board. Durham helped create the Boys and Girls Club of the Eastern Panhandle Fund in 2006 and was instrumental in bringing the different clubs around the area together to form a larger group.

When Durham passed away last year, he left instructions to give his house at Stonebridge to the foundation so it could be sold. He requested that half the proceeds be used to create the Durham Family Scholarship Fund, while the other half be added to the club’s fund.

“Durham always believed in us,” said Stacie Rohn, executive director at the Boys and Girls Club. “He would always pop in at the club to see how we are doing. He really had a heart for the kids and would do whatever he could to help. He always said that the kids would be taken care of.”

The C. David and Barbara L. Miller Technical Education Fund was established with a legacy gift from the Millers. They wanted to help support schools that provide technical training for students who are pursuing a career in the trades, such as Blue Ridge Community and Technical College or James Rumsey Technical Institute. In 2024, teachers can start applying for grants to help support these students.

Advisors from the Berkeley County Industrial Park Development Fund suggested creating the fund to support James Rumsey Technical Institute’s ACE program for adult continuing education. In 2024, 10 students will receive scholarships for $500 to go toward their education. Donna Van Metre, director and principal at James Rumsey this fund is so important for students.

“We have a lot of nontraditional students,” Van Metre said. “Many of them are adults going through a career transition. Any type of financial help can make the difference between finishing their education or not. We want to help serve the community, but we couldn’t do it without the community coming together to support us and our students.”

The Eastern West Virginia Community Foundation was happy to be a part of these funds as they support children and technical education within the community. As the foundation continues to grow, they hope to support more people in the area to help people flourish.

This story was written by Ainsley Hall and appeared in The Journal on August 26, 2023. We are truly grateful that the Eastern Panhandle has a daily newspaper with reporters who cover local news. Click here to read the entire story and see the photos taken by Ainsley when she attended our reception at the Law Offices of Sutton and Janelle in the wonderful old YMCA building at 224 West King Street in Martinsburg.

Despite the recently-announced decline in 2022 charitable giving, we continue to hear inspiring stories from you and other fund holders and donors. We’re also hearing from more and more individuals and families who are not yet fund holders that they’re very interested in establishing a donor-advised, field-of-interest, designated, or unrestricted fund at the community foundation, and nothing could make us happier! Increasing charitable giving and connecting donors to their favorite important causes are our priorities at the community foundation.

The uptick in conversations about philanthropy has inspired us to reflect on the noteworthy generosity of so many entrepreneurs who become very generous donors and leaders in philanthropy. And on that front, the news keeps getting better. For example, the Giving Pledge has added six pledgers already in 2023, one more than during all of 2022; savvy investors, especially in the tech sector, are enjoying the market’s 2023 rebound, at least so far; and we’re seeing an increase in the number of those who’ve experienced successful business exits take a visible role with their commitments to important projects in their regions.

Over the years, we’ve observed an interesting trend. Entrepreneurs are certainly donors, but are donors entrepreneurs? In other words, is an entrepreneur’s approach to philanthropy similar to the entrepreneur’s approach to building a business? Do they give it like they made it?

We believe the answer is yes, absolutely. And often in ways that entrepreneurs–and other donors, for that matter–may not consider.

Indeed, an “entrepreneur” is sometimes defined as a person who aspires to build something bigger than themself. That’s exactly what happens when a donor supports favorite causes through a donor-advised or other type of fund established at the community foundation. This is especially appropriate because contributions to funds at the community foundation are much more than simply charitable donations. Contributions are investments in local philanthropy to improve the quality of life in our region and to support the causes the donor cares about. The return on investment is human-centered rather than only financial, and those returns deliver benefits to not only the nonprofits who receive grants from the fund, but also to the community as a whole.

Here are few ways that gifts—rather, investments—via a fund at the community foundation are similar to entrepreneurship:

–A gift from one person, one couple, or one household can have a generous ripple effect that “scales” to help many, whether that is to feed many families, subsidize a childcare center, or help support programs that allow parents to work and earn a living.

–Donated funds are the “seed money” that can inspire innovation, the kind that allows the grantee organization to function in new and efficient ways.

–A gift can expedite creation of the recipient organization’s brand new programs via pilots (in the tech world, “MVPs, ” or minimally viable products). This form of testing and learning is a critical step to achieving product or service viability, whether in the for-profit or nonprofit sector.

–Philanthropic support can provide a nonprofit organization with the means to hire much-needed talent, such as a social worker or a fundraising professional. This is not unlike an entrepreneur’s need to hire key team members, such as a software engineer or a full-time chief financial or accounting officer, who may have otherwise been unaffordable or delayed in coming onboard.

–When philanthropic support is provided through a local business development initiative, a grant can provide ongoing funds that help create new businesses and jobs, whether for essential services or potentially breakthrough technologies. This type of investment is entrepreneurial on both the for-profit and nonprofit sides of the equation!

If you’re interested in reading more about entrepreneurs as philanthropists, you might enjoy specific topics such as making charity a habit, checking out a punch list of five ways to give back, and a few “oldie but goodie” perspectives that have stood the test of time.

By employing an entrepreneurial mindset, donors can envision and deploy their gifts as investments capable of helping charitable organizations scale to great success and make a real difference in the quality of life for the people they serve. The community foundation is always happy to discuss various ideas and strategies to leverage entrepreneurial principles in your charitable giving, whether or not a donor or fund holder is an entrepreneur. We appreciate the opportunity to work together!

 

Over the years, you’ve probably taught your young children, grandchildren, nieces, and nephews lessons along the lines of “share and share alike” and “better to give than to receive.” But how do you transition these lessons into more concrete instruction about charitable giving, without risking the youngest members of your family becoming overwhelmed or bored? And how can you make those lessons effective as children grow older?

To inspire teenagers and young adults, consider tapping into an increasingly popular topic among younger generations, which is the notion of “purpose.” “Finding one’s purpose,” in the context of both personal lives and careers, is also a concept that can unite generations within a single family. The overarching purpose of giving can be framed as making the world a better place or strengthening the community. This translates nicely for youths who are seemingly always asking, ”Why?”

Teaching young children about philanthropy can be a little tricker. Indeed, many donors and fund holders at the community foundation have expressed an interest in learning how to do this. Here are a few principles that might help. And, as always, reach out to the team at the community foundation for ideas related to your own particular situation.

Positive reinforcement is a must.

As with any successful learning experience, positive reinforcement is a must in teaching the values of charitable giving. In particular, you may want to consider reinforcing that every charitable gift is good regardless of the profile of the giver, the size of the gift, or the nature of the recipient. Positive reinforcement in charitable giving is effective because it first engages the charitable giver’s own understanding of what it means to be philanthropic—from the giver’s own perspective–even if that giver is very young. So when your school-age children or grandchildren are raising money for a charity through a school fundraiser, throwing coins into a fountain to support a local children’s hospital, or donating gently-used toys and clothing, make sure you let the child know that these gifts really do make a difference.

Charitable giving can be defined expansively and inclusively.

When you’re talking with a 10-year-old, conversations about giving back are most productive when they go well beyond discussions about big checks written to highly-visible organizations. You may find it helpful in your conversations to cast a wide net around the definition of what it means to be charitable, often including things like adopting an older dog who needs a home, turning off lights to help the environment, cooking dinner for neighbors in need, helping to pay a family member’s medical bills, and recycling aluminum cans. Your enthusiasm during the conversation will be contagious as you convey the opportunities. The world is full of good deeds waiting to be done!

Tap into what the child cares about.

How do you know what charitable causes might inspire the young children in your life? Ask! You’re likely to hear things like animals, moms, friends, family, trees, school, reading and writing, having a home, finding missing people, helping to rescue victims of natural disasters, and having clean air and water. Any one of these elements gives you a fantastic opening for further dialogue, especially when you start that conversation based on the lens through which children see the world in their everyday lives and identify the needs within it. Charitable giving opportunities are abundant!

Understand that children have a power and direction all of their own.

Even 10-year-olds these days are assertive, aware of news and world affairs, and most importantly, digital natives. They like to figure things out on their own. With the tiniest bit of guidance and a lot of encouragement, their ideas go a long way. Let a child’s interests guide your lesson on giving. You do, however, have a strong power of suggestion as an adult. Kids do not necessarily know how to find the exact names of charitable entities, and they certainly do not know what “501(c)(3)” means, but they remember a place after they’re told it does lots of good for people.

Keep it short and keep it mutual.

The children in your life are brilliant, wonderful, and perceptive, but they do have short attention spans. Make the lessons informal, spontaneous, and flexible, and create plenty of opportunities for storytelling and game time. Children have a story for everything, and they love to share. Let them talk about how they feel. Let them tell you how, where, and why they want to give.

Take action!

Finally, don’t just talk–take action! For children with a grasp of money, charitable values can be taught through allocations. For the youngest, that may be from a weekly allowance or earnings from performing household chores. For the more experienced, allotments can come from after-school or summer job earnings. Giving can be highly interactive or participatory. For example, parents can show children the causes they support or suggest potential grantees based on the child’s interests, and let them choose. Parents can also show them how a gift can be easily made from the family’s donor-advised fund at the community foundation, which offers many benefits and can often be named to include names of the child or children.

At the community foundation, we’re here to help your family–even its youngest members–convert ideas into reality for the causes they care about the most.