In April 2006, the Nonprofit Sector and Philanthropy Program of the Aspen Institute held the first Community Foundation Colloquium for Practitioners and Researchers, "Beyond Asset Size: Non-Financial Measures of Community Foundation Performance." A community foundation's accomplishments, effectiveness, and sustainability traditionally have been calculated against the "yardstick" of asset size. Smaller foundations are continually working toward the magic $10 million in assets. However, the field is changing and asset size is no longer the best measure of a community foundation's impact. But apart from growing assets, what exactly is meant by community foundation "success?" The discussion papers presented in this report explore other benchmarks for assessing the performance of community foundations.