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CITY OF SOMERVILLE, MASSACHUSETTS COMMUNITY PRESERVATION COMMITTEEJOSEPH A. CURBSTONE MAYORFY19 FUNDING CYCLE APPLICATION COVER PAGE1. PROJECT INFORMATIONCreating a Foundation for Sustainable Greening

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1. To fill out creating a foundation for, follow these steps:
2. Decide the purpose of the foundation: Determine what cause or issue you want the foundation to support.
3. Research legal requirements: Understand the legal framework for creating a foundation in your jurisdiction. This may include registering the foundation and complying with tax laws.
4. Define the structure: Decide whether you want to create a private or public foundation, and determine the governance structure.
5. Develop a mission statement: Clearly define the mission and goals of the foundation.
6. Create a board of directors: Select individuals who can contribute to the foundation's success and guide its activities.
7. Establish policies and procedures: Define the operational guidelines and decision-making processes for the foundation.
8. Set up financial systems: Develop accounting and financial management systems to ensure transparency and accountability.
9. Seek funding: Identify potential donors and develop a fundraising strategy.
10. Implement programs: Start putting the foundation's resources to work by initiating programs aligned with its mission.
11. Monitor and evaluate: Regularly assess the impact of the foundation's activities and make necessary adjustments.
12. Maintain compliance: Stay up-to-date with legal and regulatory obligations and fulfill reporting requirements.
13. Continuously improve: Seek feedback, learn from experience, and refine the foundation's strategies and approach.

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