28: Evidence that Fund Statements Are Available
Confirming
Reconfirming
The community foundation should demonstrate that fund statements are provided, and show the frequency of fund statement distribution.
Key Elements
- Frequency of fund statement distribution
- Distribution of fund statements
- If statements are only provided on an opt-in basis, evidence of how that option is communicated to donors
Material Changes
For the purposes of reconfirmation, a material change is any change that decreases the frequency of the distribution of fund statements. If the organization only changed the method of distributing fund statements (e.g., paper to electronic statements), no documentation is required. If you have had material changes, you will need to resubmit any documentation related to material changes. Review all key elements for this requirement by clicking the "confirming" toggle in the upper left corner of this page.
Core Materials
Required Documents
- Sample fund statements
- Policy or procedure for providing fund statements
- Language in marketing materials
No documents required for reconfirmation.