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International Finance Corporation World Bank
To support local development, extractive companies often rely on community-level foundations to channel and oversee funds. Community Foundations collect donations into a coordinated investment and grant-making facility committed to the social and economic development of a particular place or region. In an extractive industry context, foundations will most likely be corporate foundations governed with a community spirit. For example, successful foundations engage stakeholders in the planning and decision-making about the use of funds. The funds established can either be expendable funds (i.e. grants can be made in any amount at any time) or they can be endowments, which limit distributions to the interest earned on the assets. Given the many different models in existence, it is important to share experiences about the possible roles and structures of community foundations in varied contexts. Some key questions include: Who sets the priorities? Who may apply for funds? Who should benefit from projects? Who monitors the outcomes? Who oversees the accounting and procurement procedures? How is the funding sustainable? CommDev seeks to share experience about the different roles and structures of foundations established to ensure that community development is implemented with win-win benefits. Featured resources include the Community Foundations Gateway and The Social Change Assistance Trust.

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Esquel Group
The Esquel Group (EG), a private non-profit organization established in 1984. It is a member of the Grupo Esquel network, with entities in Argentina, Brazil, Ecuador, Honduras and Uruguay. It promotes policies and programs for social equity and sustainable development with special emphasis in democratic citizenship and strengthening of civil society.
Synergos
Synergos addresses global poverty and social injustice by supporting and connecting leaders so they can work in collaboration to change the systems that keep people in poverty. Bringing together influential people and institutions in government, business and civil society, as well as poor and marginalized communities who are usually left out of the process, Synergos helps every part of society work together to create long-term progress.
Synergos Learning Library: Foundation-Building & Philanthropic Practices
This is a collection of all Knowledge Base materials about practices in building foundations and conducting philanthropy; you can use the list of more specific topics on the right to narrow the selection.
Business Fights Poverty
Business Fights Poverty is the free-to-join, fast-growing, international network for professionals passionate about fighting world poverty through good business.
Foundation Center
The Foundation Center is a national nonprofit service organization recognized as the nation’s leading authority on organized philanthropy, connecting nonprofits and the grantmakers supporting them to tools they can use and information they can trust.

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Why Sustainability is Still Going Strong
12 Feb 2009
In the wake of the deepening economic crisis, many commentators are warning of the demise of corporate sustainability, the practice of balancing profit with the social and environmental impact of doing business. Companies obsessed with their own short-term survival, they suggest, cannot possibly support long-term, “feel-good” initiatives to protect the environment or invest in community development.

Middle East & Africa: Nigerian Oil - Investing for Security
12 Oct 2007

Foreign oil firms are not often welcomed in parts of Nigeria. But for Statoil, wise community investment is paying off.

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Helpdesk Research Report: Donor Approaches to Extractive Industries

This is a report produced by The Governance and Social Development Resource Centre (GSDRC) which was established by the UK Department for International Development (DFID) in 2005 to provide high quality, timely information to support international development project and programme planning, policy-making, and other activities in the field.


Resources for Mobilizing Funding for Development Projects
August 2001, Jack K. Boyson/ International Youth Foundation

Development organizations throughout the world are often in need of knowing how to contact donors who could provide them services and funding. This guide has been prepared to help development professionals with a list of directories and Websites that provide insights and information on the geographical and programmatic priorities and application procedures of international donors.


The Potential for Community Development Foundations in Resource-Abundant Countries: A Window of Opportunity for Madagascar
October 2007, Business-Community Synergies (BCS)
In this paper, BCS considerS two governmental approaches and one corporate approach to the redistribution of extractive revenues to people in the area of mining operations. It draws from the experience of 12 governments which set up trust funds.

Strengthening Community Foundations - Redefining the Opportunities
2003, The Foundation Strategy Group

Commissioned by the Council on Foundations and released in October 2003, this white paper details the findings and the implications of FSG's study of costs and revenues at nine community foundations. Offering a new perspective for community foundation sustainability, the white paper proposes that community foundations examine their strategy and operations on a product-by-product basis, taking into account their mission-driven priorities, internal costs, customer preferences and the competing donor alternatives for each type of product or service they offer.


Measuring Success in Donor Development
2003, Rebecca Graves , Owen Stearns / The Foundation Strategy Group

Merely comparing the total contributions received by different community foundations doesn’t take into account important variations in size and location. If community foundations are to learn from each other’s success, they must find ways to cancel out these distortions and create truly comparable performance data.

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Sharing Experiences: Enhancing the Benefits to Communities from Extractive Industry Projects Workshop
19 June 2006
Washington D.C., USA

The objective of the workshop was to share experiences, training, and raise awareness of the community development work that is taking place. The focus was on sharing practical examples of helping communities benefit from extractive industry, highlighting the diversity of community development activities (supply chain, social, environmental issues), and discussing successes and lessons.

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