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Best Practice Number Nine

Engages in fund development activities to assist with the continual growth of the endowed youth fund and the community foundation.

Explanation:

New sources of gifts for the Youth Fund insure that additional grant funds will be available, allowing future YACs to be responsive to youth needs in the community. Unlike fund raising, which virtually all young people have experienced, participating in fund development provides a more accurate view of the various strategies to grow a community foundation.

Recommendations for YACers:

Identify and implement a fund development strategy: Why should someone support YAC? Who might support YAC? How should the YAC approach prospective donors?

Get all YAC members and community foundation trustees to contribute to the Youth Fund!

Help out at receptions and fund-raising events for community foundation donors.

 

Youthgrantmakers.org is a communication of the Michigan Community Foundation Youth Project (MCFYP) of the Council of Michigan Foundations, with funding from the W. K. Kellogg Foundation.

 

13 Best Practices

1. Meeting Frequency
2. Membership
3. Advisors
4. Orientation and Training
5. Assessment of Youth Issues
6. Grantmaking
7. Evaluation of Grantees
8. Participation in Community Projects
9. Fund Development
10. Youth on Board
11. YAC/Community Foundation Relationship
12. Communications and Publications
13. YAC Self-Assessment
14. Conference and Trainings
Best Practices One Pager
Best Practices "Track your YAC" Brochure
Best Practices Manual
The Best Practices were updated by the MCFYP Committee, comprised of twelve YAC members and three advisors from across the state of Michigan, in May 2007.
You can help put them into action.
 

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