News
Fairfield Museum awarded Financial Management Assistance grant from the Fairfield County Community Foundation
By Fairfield Museum and History Center
Aug 14, 2008 - 12:32:32 PM

As the national and state economies continue to contract, many non-profit organizations in the region face increasing challenges in properly directing their limited financial resources to support their daily operations. Financial management is one of the most important practices in organizational management, and in order to keep current on best practices, it is essential for nonprofits to strengthen their capacity to ensure continued operation as well as future growth.

The Fairfield Museum and History Center has been awarded a $3,600 grant through the Fairfield County Community Foundation’s Financial Management Assistance Fund to upgrade the museum’s financial management and accounting systems and to help ensure that the organization continues to meet the highest professional standards and efficiencies in its operations.

The Fairfield County Community Foundation created the Financial Management Assistance Fund to help regional non profits improve their financial management and to strengthen this area of nonprofit management to help organizations better understand their current financial situation and to plan for the future.

“As the Fairfield Museum grows into a more professional regional cultural organization, developing the ways we manage our operations and improving our efficiencies is essential to maintaining an organization worthy of public support,” noted Fairfield Museum executive director Michael Jehle. “The museum is grateful that the Fairfield County Community Foundation recognizes this need and has chosen to support the Fairfield Museum’s efforts to maintain the highest management standards.”

The Fairfield County Community Foundation promotes the growth of community and regional philanthropy to improve the quality of life throughout Fairfield County. Individuals, families, corporations and organizations can establish charitable funds and contribute to existing funds. The community foundation also provides philanthropic advisory services and develops and leads initiatives to tackle critical community issues. It is in compliance with the Council on Foundations’ national standards for community foundations. The Fairfield County Community Foundation merged with the Greater Bridgeport Area Foundation in January 2008. The merged foundation’s net assets approach $150 million. The combined history includes over $90 million in grantmaking to nonprofits in Fairfield County and beyond. For more information, visit www.fccfoundation.org.

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